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Post-open Outlook(16-07-2015)

As following positive news from Greece and All the Asian markets are in Green as well as Dow Futures is also more than 50 points up therefore sentiment boosted today morning resultant positive opening of Indian markets 


As intraday selling patterns formations yesterday therefore some down moves were expected but Indian markets are participating in Global markets rally. Last resistances of 7 sessions are between 8540-8550 and sustaining above it should be firstly watched because today up moves are Positive news led. Once sustaining above 8550 will mean fresh strong rally beginning.