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Mid-session Outlook(31-07-2012)

When Indian markets were trading near the top of the day then within first 6 minutes we cautioned and told following words:-

Positive opening but not strong

we were not expecting any up move today therefore we updated following topic yesterday:-

Rally continuation after 1/2 Sessions Consolidations

It is consolidation day today and market is correcting yesterday good up moves. Let on going correction complete then fresh up moves will be seen.