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Mid-session Outlook(13-12-2013)

 Correction continuation after gap down opening but in Bullish Falling Channel with recent low formation at 6171 and firstly sustaining beyond next support(6156) will watched for correction continuation / completion because next week will react on following events and market has to prepare for that also:-

 1- WPI DATA
2- RBI Credit Policy
3- FOMC meet with fear of tapering
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