Midday Outlook for Nifty (21-03-2011)

Midday Outlook for Nifty (21-03-2011)

  12:08 PM    Unknown

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Nifty moving well along the expected lines. I think the triangle pattern we were speaking about would be completed in a day or two. We need to get it soon for the reversal to happen; if this has to happen. Another possibility is that the pattern would have been completed in todays low at 5349 (Island Reversal). We will keep tracking the nifty movements and will keep you posted.