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Pre-Closing Outlook(19-04-2012)

Confirmations through sustaining above 5341 was told in all the outlooks and Nifty retraced after forming top at 5338.50. yesterday selling 5330-5341 and also more than 1 hour trading between 5325-5338 but it was broken down also.

Clear supports at lower levels and higher bottom as well as support and consolidation also seen between between 311-5325.

Sustaining above 5341 has to be watched now and its possibility has turned brighter also after lower levels support and consolidations.