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Mid-session Outlook-2(05-12-2013)

As Exit Poll results showed BJP victory will be with good gains on next Monday and emergence of strong Govt.formation possibility after Parliament Elections in next year under the leadership of economic growth oriented Prime Minister Modi therefore huge gap up opening today. Good  selling in previous 3 sessions below 6228 therefore higher levels consolidation through continuous down moves in Bullish Falling Channel and  recent lowest formation at 6232.

As higher levels consolidation seen today therefore today started rally continuation is expected.