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Mid-session Outlook(30-07-2012)


Following line was told in Rally after correction completion above 5161 today:-

"firstly watch sustaining beyond 5149 and 5161 today"

Nifty traded most time between above mentioned range 5149-5159 today and firstly watch mentioned range.

As intraday patterns are showing buying signals therefore break out above 5161 possibilities are turning higher now.