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Mid-session Outlook-2(11-10-2012)

As soon as Indian markets got supports then it was immediately updated when Indian markets were trading near the lows of the day and following line was told in Mid-session Outlook:-

"As intraday supports getting indications within this range today therefore sustaining above 5646 will be first indication of short term up moves"

Short term up moves are being seen after sustaining above 5646 and Nifty is now trading above 5710 but correction completion confirmation will be after sustaining above next strong resistance.