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Pre-Closing Outlook(23-12-2011)


Following line was told yesterday in Continuation of Rally after Consolidation and Minor Intraday Correction:-

As Bearish pattern in last half hour therefore more consolidation and minor intraday correction is firstly required and tomorrow may be consolidation day

As was told yesterday all that proved 100% accurate today and Indidan markets lost all intraday gains as well as trading more than half pct down. Although market slipped from higher levels but intraday patterns are not showing pure selling patterns and consolidation indications also seen therefore same following line is being repeated which was told in above mentioned topic:-

 Pull Back Rally will remain continued in the next week