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Market Outlook(10-08-2011)

Indian markets consolidated nicely therefore following line was told yesterday at 06:27:00 PM in Nifty-Micro Analysis of Intra Day Chart For 10-08-2011:-

"As Indian markets out performed Asian cues in the beginning of trading and intraday consolidations also seen therefore Bounce back/Pull Back rally possibility turned higher today and also expected tomorrow"

Indian markets will open and close in Green and expected that most of the time will trade in positive zone also. Sustaining above 5163 will be Pull Back rally confirmation and will be watched first.