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Pre-Closing Outlook(27-03-2012)

As good support between 5186-5205 therefore finally up moves are expected and until Nifty will not sustain below 5186 till then any down move will not be considered.

Confirm consolidation between 5186-5205 but huge more than 50 points of Nifty volatility today.Sharp more than 50 points surge and whole up move retraced also immediately. As technical positions changes in such volatility therefore view turns cautious and sustaining beyond 5186-5205 should also be watched for confirmations.