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Pre-Closing Outlook(22-11-2010)

Nifty trading near 6015 and sustaing above will strong indication of correction completion. As SC will give comments on PMO Affadavit tomorrow therefore will be better to wait upto tomorrow and clearing of clouds. SC demanded explanation on CWC chairman appointment issue therefore opposition got another weapon to attack Govt. It will be better to wait upto tomorrow and let things settle down.