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Pre-closing Outlook(04-03-2014)

As positive news from Ukraine therefore Global markets rally and participation of Indian markets as well. First resistance of following next resistances has been crossed:-

1- 6265-6292
2- 6320-6358
3- 6350-6380

All trends are up and Bullish rally continuation as well as 6300 has been retested today but Short Term Indicators have been overbought therefore very short term correction may be seen in the coming sessions before fresh rally above 6300/6358.