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Pre-Closing Outlook(29-08-2011)


Positive global cues triggered strong rally in the Indian markets and last resistance range of 6 previous sessions is between 4952-4960.

Pull Back Rally survival today,its continuation and strong rally confirmation will be after crossing of next resistance(4952-4960).

Global markets moves are violent for the last couple of months and huge voltality is being seen. If no big jolt from global markets then continuation of rally expected after crossing of mentioned resistance range.