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Mid-session Outlook(12--09-2011)

Following line was told today in Just watch Support Range(4948-5000) in Crashing Global Markets

1- "high risk of support range(4948-5000) breaking down"

2- "Nifty moving below 4948 will mean high possibility of sharp declines and retesting of 4720"

Intrtaday selling patterns at higher levels and crucial support range broken down also today. Nifty traded between 5931-4948 more than 100 minutes and slipped below 5831 also and now moving toward 4720..
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