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Pre-Closing Outlook(27-09-2012)

As last 4 sessions most time trading between 5639-5709 with lower levels intraday supports after higher levels selling during on going correction therefore follow up consolidation was must after good consolidation yesterday but selling at higher levels seen today.

As today intraday patterns are showing consolidation indications despite higher levels selling without any lower levels supports therefore correction completion confirmation is must through sustaining above 5639. As intraday selling today therefore sustaining beyond 5639 sgould be firstly watched tomorrow for correction completion/continuation confirmation.