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Mid-session Outlook(16-11-2012)

Nifty traded between 5603-5646 today and yesterday. Technical positions within this range are as follows:-

1- Supports between 5603-5615 yesterday.
2- Resistance between 5636-5646 today. 

As supports between 5583-5615 also therefore next trends confirmation range is 5583-5646 for:

1- very short term up trend above 5646 or 
2- Deep long term down trend below 5583 but after confirmation.