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Pre-Closing Outlook(25-01-2012)

Whole day sideways trading between 5130-5174 with lower levels consolidation between 5130-5140 and last more than 3 hours volatile moves with intraday mixed patterns between 5150-5174. As Nifty is trading between resistance range(5130-5225) therefore such slow moves are possible but more or less mixed intraday patterns today  therefore sustaining beyond will be confirmation.next Friday.

Whole day trading above 200-Day EMA and sustaining above will be strong signal of rally.