Indian markets are sustaining near day's higher levels despite negative news of Petroleum rates hike news in Business news channels. 5570 is crossed but without required force and negative news of petroleum rates hike news also today therefore Nifty crossing and sustaining above today high(5592) will be rally confirmations.
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Mid-session Outlook-2(10-05-2011)
Indian markets are sustaining near day's higher levels despite negative news of Petroleum rates hike news in Business news channels. 5570 is crossed but without required force and negative news of petroleum rates hike news also today therefore Nifty crossing and sustaining above today high(5592) will be rally confirmations.