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Mid-session Outlook-2(24-01-2013)

Firstly more than 1 hour slipping and after that 2 hours lower levels good supports between 6000-6020 as well as consolidations also between 6019-6033 today therefore possibility of again moving into sideways trend between 6000-6100 because today supports above 6000 and previous sessions good selling below 6100.

Expected that Nifty will firstly trade within 6000-6068 and prepare for next moves. Let market prepare for next decisive moves then will be updated according to conclusions from intraday charts patterns formations and till then Nifty will be understood range bound between 6000-6100.