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Mid-session Outlook-2(13-12-2011)

Crucial technical positions for today trading is as follows:-

1- Today first trading range is 4745-4780
2- Intraday confirm support at lower levels between 4745-4765 today. 
3- Selling between 4780-4815 in last more than 3 hours yesterday 

More consolidation is required between 4780-4815 for a decisive short term up move. Nifty is trading just below 4800 but confirmation will be after sustaining above 4815. Next decisive moves confirmation range is 4745-4815 and should be firstly watched.