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Mid-session Outlook-2(23-05-2012)

Following line was told at 11:42:00 AM  in Mid-session Outlook today:-

bounce back possibility may be seen.

Sharp surge and Nifty 45 Points fast moved up from 4807 to 4852 seen today. 

Intraday support also seen at lower levels today and intraday volatility possibility should also be kept in mind. Let market sustain above any crucial Resistance then decisive up moves will be considered otherewise only volatility.