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Post-open Outlook-2(09-01-2013)

As good selling and strong resistance formation between 6000-6026 in previous 4 sessions therefore complete consolidation is required for decisive rally above 6026. Nifty is trading within mentioned resistance range between 6006-6015 and preparing for next moves. As emergence of consolidation indications therefore hopes of rally above 6026 turned alive but valid break out of 6000-6026 should also be watched for next immediate moves confirmation.