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Wave-5 begun at 5178 on 11-02-2011 and its confirmation came on 25-03-2011 after following developments:-
1- 200-Day EMA crossed forcefully
2- Long term and Intermediate term trends turned up after 2 months today.
3- 2 months range broken out and proved 2 months consolidations and 5178-5600 established strong support.
4- As correction completion confirmations therefore Indian markets are prepared for a strong rally.
5- 4th wave completion at 5178 therefore Wave-5 commencement confirmation also
5900 testing possibility has been told in Pre-Open Outlook on 25-03-2011 and next targets will be disclosed at proper time.