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Mid-session Outlook(03-10-2012)

As correction is on and both buying and selling was seen between 5639-5735 in previous week therefore almost following line was told in all the previous 4 days Outlooks:-

Sustaining beyond 5639-5735 should be firstly watched for confirmation of correction continuation or rally beginning after correction completion. 

Nifty crossed 5735 today but could not sustain above and slipped below after forming high at 5,743.25 as well as trading in Red now after more than 3 hours positive zone trading today.

Just click following link and understand Indian markets as well as wait for sustaining beyond 5639-5735 for next moves confirmations. 

5639-5735 For Correction Completion Confirmation