Indian stock markets bullish developments have been discussed above. Next immediate multiple resistances are between 5680-5900 and Indian markets have to consolidate between this range but today break out after 2 months consolidations is confirmation of correction completion. Fresh Rally begining and Wave 5 got confirmations today.
Sentiment will be heated therefore profit booking possibility can not be ruled out but rally will remain continued after fresh consolidations. 21st March 2011 started rally minimum target is 5911 and minor intraday correction is also possible in the process of consolidation and up moves may be slow but up trend will remain intact.
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