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Pre-Closing Outlook(30-01-2012)

Very Short Term Correction was told again and again and following projection was also updated in Mid-session Outlook(30-01-2012) today:

Sustaining below 5120 is expected

Nifty slipped below 5120 and low at 5080.00 has been formed today. Correction is on and levels near 5050 will be watched now.
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