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Midday Outlook on Nifty (11-04-2011)

Nifty Intraday Chart: It has been a movement less morning session. Opened up in a gap down, filled the gap, moved lower and started moving sideways. We expect a bounce on intraday chart in afternoon session from around 5790. However, I am not trading anything and just holding on short position.


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Letter from Praveen Pathiyil

Dear friend, After a span of 4 years in minting money and establishing Pentad and Dalal Times, it's time for me to back with sharing knowledge. Earlier, I have been sharing my analysis on Nifty thrice a day, now I will be sharing my analysis on Nifty, Global Indices, Stocks, Commodities, Economy, Key Events and so on. Over the past 4 years, apart from creating wealth from markets, I have also been consistently upgrading my knowledge on analyzing the markets. Starting 17th August, 2015 this blog would be active with enhanced knowledge sharing. Stay tuned to earn, learn and understand markets better... your market friend & forecaster Praveen Pathiyil