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Mid-session Outlook-3(19-10-2012)

As soon as intraday selling emerged then it was immediately updated within 1st hour today in Post-open Outlook(19-10-2012). Although Nifty slipped forcefully below 5685 after higher levels selling today but strong supports also above 5639 therefore complete follow up selling is required for decisive down moves below 5639.

Following line should be kept in mind which was told today in Mid-session Outlook-2:-

"sustaining beyond 5685 should be firstly watched today"