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Post-Open Outlook(13-09-2010)

Blasting bull rally is on with strong force and last 13 months trend of new high with small up move has been broken now. I am telling since long for sharp blasting upmoves between 5550-6000 and that is being seen at present. Global storm is so high today that Indian markets ignored last 3 sessions Call/Put positions(Calls reduced and puts increased heavily) and shown strong move today. Only minor intraday or very short term corrections may be seen and for any deeper correction market has to prepare completely and only after that any correction will be seen. Buying opportunity should be seen after minor intraday corrections.

Nifty consolidating above 5700 amid blasting Global cues and rally will remain continued.