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Pre-Closing Outlook(26-12-2012)

Forceful up moves after more than 8 hours consolidations and last more than 3 hours mixed intraday patterns trading between 5900-5917 which is within and just below next strong resistance range 5910-5965. As last 3 hours trading with mixed intraday patterns therefore more follow up consolidation is required for valid break out of 17 sessions range(5823-5965).

Now next moves preparation trading range is 5865-5965 in all types of sentiments. Although finally rally above 5865 is expected but firstly follow up consolidations is must to cross above mentioned strong resistance.