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Mid-session Outlook(14-03-2012)

As higher levels selling was seen yesterday therefore following topic was posted yesterday:-

Cautious view after intraday selling patterns today

Following line was told in Post-open Outlook today:-

As some selling at higher levels yesterday therefore market is slipped from higher levels immediately after opening to consolidate and absorb yesterday intraday selling.

Following conclusive line was told yesterday in Cautious view after intraday selling patterns today

Follow up consolidation/distribution patterns and sustaining beyond 5417-5438 will be firstly watched tomorrow for next moves confirmations.

Huge gap up opening today after blasting Global cues but could not sustaining at higher levels because selling yesterday and slipped for cooling down of heated sentiment as well as to conoslidate and absorb yesterday intraday selling.

sustaining beyond 5417-5438 should be firstly watched today for next moves confirmations.