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Mid-session Outlook(23-07-2015)

Following conclusive lines were told yesterday in "Finally rally above today highest after follow up consolidation":-

Expected that finally rally above today highest(8643.90) will be seen after follow up consolidation between and near about 8623-8643

Nifty traded most time in first 2 hours within above mentioned range with selling patterns formations and follow up consolidation was not seen therefore some down moves within yesterday trading range(8499-8643) will be firstly seen.