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Mid-session Outlook(25-09-2014)

Nifty got supports between 7951-7980 yesterday and almost last 2 hours trading within this range today after slipping from higher levels. As Sep. Derivative expiry today and markets react according to its technical positions on this day therefore firstly next trend confirmations is must through sustaining beyond above mentioned support range. As selling signals are being seen today therefore view is cautious.