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Failing to sustain above next 1st resistance range will mean sharp down
Pre-open Outlook(27-08-2015)
As all the Asian markets are up from 1% to 2.5% up today after 619 points strong rally of Dow Jones yesterday therefore more than 1% up opening will be seen in Indian markets also. Following immediate resistances are lying at higher levels:-

1- 7897-7930
2- 7995-8010
3- 8032-8055

Multiple resistances are lying above 7900 therefore high volatility will be seen after strong opening and if Nifty fails to sustain above next 1st resistance range(7897-7930) then sharp down moves will be seen.
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