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Mid-session Outlook(18-11-2011)

Following lines were told for today trading in Pre-open Outlook

Testing,firstly trading and next moves preparation within yesterday mentioned 1st support range (4845-4900) will be seen today and sustaining it beyond will be next moves confirmation therefore should be watched and more weakness possibility can not be ruled out.

Today first 2 hours trading range is 4847.50-4902.25

Minor higher levels selling and minor support also at lower levels and next moves preparation is going on within mentioned support range. As market is not prepared for any side break out therefore mixed intraday trading patterns and sustaining beyond mentioned range will be next moves confirmation.