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Pre-Closing Outlook(06-03-2012)

Today intraday moves were according to Congress expectations during Assembly Elections results day. When intial results trend indicated gains for Congress then up moves were seen but as soon as results confirmed the defeat of Congress then markets started to tumble down and Market is more than 1% down.

5267-5322 has been broken down and Intermediate term trend turning down confirmations also therefore more down moves are expected. As down moves possibility was alive therefore following topic was updated on 03-03-2012:-


Just click above topic Link and understand all the crucial support levels.