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Mid-session Outlook(17-02-2012)

Nifty moved above 5600 today and proved 100% accurate our following  predictions

Following line was told at 09:27 AM on 15-02-2012:-

Rally is very much on to test resistances between 5600-5700.

Following line was told in Pre-Closing Outlook(15-02-2012):-

Rally is very much on and testing of next resistances within 5600-5700 will be seen in the coming sessions.

Following line was told in Bulls are roaring like Lions on 15-02-2012:-

Rally is continued and expected that next resistances between 5600-5700 will be tested in the coming sessions.

That Bull Rally is very much on about which we are continuously telling since 22-12-2011. 

Nifty is trading between 5578-5604 for the last 4 hours today with mixed intraday patterns. Moves above 5604 may be slow because good resistances between 5600-5700 and slipping below 5578 will mean intraday/very short term correction only.