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Mid-session outlook(01-03-2011)


Although Indian markets loose all intraday gains yesterday but following lines were told in Pre-open outlook today:-

"As consolidation patterns yesterday and repeation today will mean begining of upmove confirmation and it is expected also"

Nifty closed at day's lowest at 5533.25 yesterday but I told following line in Pre-open outlook today:-

"Finally moves above 5400 and positive closing expected today"

Whatsoever is being happened during market hours all that were told before its opening. Nifty is trading 130 points up at 5463 and sustaining above 5520 will be confirmation strong rally.