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Mid-session outlook-2(15-02-2011)

Firstly intraday correction and after that its completion within 5387-5420  was told and exactly same happened,correction completed at 5409 and market reversed.

Today trading range was given 5420-5500 and Nifty is trading at 5487 after forming the low at 5409. Bullish outlook is maintaned and expected intraday correction has been completed. Now firstly trading within resistance range 5460-5520 and 5520 crossing expected within couple of sessions.