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Mid-session Outlook(27-12-2011)

Following line was told yesterday in Firstly Watch Sustaining beyond Mentioned Range for Confirmations:-

As minor consolidation patterns signals also seen within 29 points range today therefore upward break out is expected also.

Upward break out seen on expected lines and Nifty tested 4800 today. 

Firstly sustaining above 4787 and then yesterday told followng lines should be kept in mind for next decisive up moves confirmations:-

4 Sessions Pull Back Rally and that will gain strength after sustaining above minimum 1st resistance(4780-4838) and then Short term trend will be up.