Pre-Closing Outlook(11-07-2013)
As today all Global financial markets up moves are fabricated news generated and manipulated as well therefore next trend will be decided after cooling down of markets tomorrow.
Multiple strong resistances are at higher levels between 5873-5969 and it was told in previous Outlooks as well as Nifty is trading within this range since opening today. As technical doesn't work too much in such news based markets therefore no final conclusion can be drawn from today trading patterns formations.
Truth of today up moves will come out after sustaining beyond mentioned strong resistances range(5873-5969) and should be firstly watched in the coming sessions.