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Pre-Closing Outlook(22-03-2013)

Narrow range quiet market between 5641-5676 today with intraday consolidation patterns and some selling patterns indications also at higher levels but volatility also after weak opening of European markets. As intraday patterns are showing good consolidations patterns therefore bounce back expectations are still alive but some selling also at higher levels as well as Global markets weakness therefore valid break out today trading range will be next immediate move confirmation.