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Nifty Outlook for 08-04-2011

Nifty Daily Chart: It was a sluggish day yesterday. Nifty still holding on to the downward trendline, however fails to move faster on the downside. The best strategy would be to wait and watch. RSI and MACD are giving us mixed signals at the moment. Hope we get clear direction in the morning session today.

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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