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Mid-session Outlook-2(27-12-2011)

No guessing and nothing adding from our side and whatsoever market tells us,we update only all that in our Outlooks.

As market was not prepared for any side decisive move and was preparing for decisive moves therefore we gave only 29 points trading range(4758-4787) as well as told for confirmations through sustaining beyond mentioned range and same view was repeated also after moving above 4787.

Nifty traded most of the time within mentioned range(4758-4787) and taking positions for next moves within this range as well as finally sustaining beyond will be next trend confirmations.