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Mid-session Outlook(19-04-2012)

Two hours quiet market between 5292-5312 and no clear intraday patterns formations yet. Minor support at lower levels seen and Nifty moved above 5312 also but lot of consolidations is required to sustain above yesterday selling range. if Nifty sustains above 5312 then firstly  it will be a small up move indication only at this moment.