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Pre-Closing Outlook(05-10-2012)

Firstly fast up moves after lower circuit but after that again down moves and formation of higher intraday lows at 5707 at 11:30AM. As last more than 3 hours intraday trading between 5707-5750 after lower levels supports and consolidation formations also therefore on going rally continuation is expected after intraday correction completion through  huge panic of today.

Sentiment disturbs after today like big volatility and technical positions reverses also therefore next moves confirmation is also required through sustaining beyond 5707-5750.