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Mid-session Outlook(07-11-2013)

Although up moves after lower levels good consolidations but good selling also at higher levels today therefore firstly sustaining beyond 6194 should be watched for on going correction completion conformations. As today up moves were not showing required strength therefore we booked profit in our buying trade of Nov CE(6400) at 64.00 which is now trading at 44.00(Live proofs of this trade have already been updated in previous topic)