Sensex has given a breakout form a Diagonal Triangle and is showing strength by maintaining itself above 20500 levels which is a crucial support. As per my expectation there has been no major correction in the Large Cap index. (*Although i don't expect the market to correct but it will certainly pause around 6250 levels and any breakout form these levels will see swift gains in the index From Nifty Weekly Review as on 31/12/2007). I still expect the that markets will continue to show strength and there will no major correction in the fornt line Indices. Although market may consolidate at these levels for this current week and resume the upward journey form the next week.
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