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Pre-Closing Outlook(28-05-2013)

Following line was told today at 07:50 AM:-

Sustaining beyond 6130 should be firstly watched today for next signal of impulsive Wave-B continuation/completion.

Today highest is at 6127.65

Although good recovery from lower levels and blasting Global cues at this moment but our view is not Bullish because Indian markets are completely under performing Global cues and sustaining beyond today trading range(6056-6127) will be firstly watched tomorrow for the confirmation of  impulsive Wave-B continuation/completion.