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Post-open Outlook(13-01-2012)

Following lines were told for today market at 1:04:00 AM today:-

As selling and buying both are seen in two previous sessions between 4804-4876 therefore Nifty will firstly trade and prepare for next decisive moves as well as sustaining beyond this range will be next moves confirmations.

As was told same is being seen between 4834.20-4868.35 today.

Intraday selling seen at higher levels today but supports also seen between mentioned range yesterday. Let market prepare within mentioned range then next moves final conclusions will be drawn from intraday charts formations and will be updated accordingly.

Next decisive move confirmation will be sustaining beyond 4804-4876 and should be watched.