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Pre-Closing Outlook-2(19-10-2012)

20 sessions sideways market range(5639-5733) with higher levels good selling and lower levels strong supports. As good selling at higher levels today therefore market slipped but got intraday supports also at lower levels.

Big moves are being riped in last 20 sessions between 5639-5733 but higher levels good selling lower levels strong supports therefore forceful break out and sustaining beyond 5639-5733 will be next big moves confirmation.