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Mid-session outlook-(18-01-2011)

Nifty trading between 5675-5720 since opening today and selling indications seen at higher levels today. As selling indications at higher levels therefore mentioned range will be watched cautiously. Although minor higher level selling indications but feeling litle support at lower level also. Wait and watch policy wil be the best at this moment. Let market prepare within mentioned range and its break out will be next immediate moves confirmations. View is still bullish.