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Pre-Closing Outlook(25-07-2012)

Only Bearish moves are being projected for the last 3 days and down moves are being seen also but intraday support seen between 5077-5095 today therefore sustaining above 5095 is must for any decisive up move first indication.

Follow up consolidations and sustaining above 5144 is must for first signal of correction completion. Although Bullish Hammer candle formation today but expected that finally correction will remain continued after follow up selling in the coming sessions.