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Market Outlook-2(13-09-2011)

As soon as selling seen and resistance developed between 5020-5028 then it was immediately updated in today Market Outlook when Nifty was trading above 5010. All trends are down,Indian markets are bearish and such down moves are very much possible after resistance formations therefore it was told well before the beginning of down moves.


Higher levels selling today and Nifty is trading between yesterday range 4912-4985. Nifty got support between 4913-4928 yesterday and slipping below 4912 will mean sharp fall.