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Pre-closing Outlook(05-08-2014)

Highly volatile market today through:-

1- Sharp 40 points down within 7 minutes after 12:11 PM
2- Sharp 40 points UP within 7 minutes after 02:00 PM

As follow up consolidation confirmation at lower levels today and forceful up moves above 7717 therefore strong indication of correction completion and rally continuations after follow up consolidation within and near about those next resistances which have already been updated in previous Outlooks.