Global negative news flow based sharp fall and panic bottom formation signals emerged today because intraday patterns are showing consolidation signals. Good support at lower levels but follow up buying is must in the beginning of next week for correction completion and sustaining above 5178 will be its confirmation.
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Pre-closing Outlook(05-08-2011)
Global negative news flow based sharp fall and panic bottom formation signals emerged today because intraday patterns are showing consolidation signals. Good support at lower levels but follow up buying is must in the beginning of next week for correction completion and sustaining above 5178 will be its confirmation.