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Mid-session Outlook-2(29-08-2013)

Following lines were told at 11:13 AM in previous Outlook:-

1- Green Indian markets since opening with lower levels supports and without selling signal
2- Nifty will firstly prepare for next decisive moves between 5295-5355 therefore follow up moves in the coming hours and valid break out of mentioned range should be watched for confirmation.

As lower levels supports and no selling therefore yesterday started up moves continuation above 5355 but sustaining above 5355 should also be watched for minimum a Pull Back Rally confirmations.