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Mid-Session Outlook-3(16-11-2010)

Nifty trading within strong support range 5932-6000. Nifty got 3 times support withn this range previously therefore should be watched for next move confirmations.Breaking down 5932 will mean intermediate trend turning down and market correction from minimum 3 weeks to 3 months.

Be cautious.Just watch 5932 and its breaking  will mean deeper correction.