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Pre-open Outlook(19-11-2013)

Strong rally yesterday after good consolidations between 6131-6139 and closing near the highest of the day but very Short Term indicators are over bought and sentiment is heated today morning therefore firstly sideways market will be seen. As complete selling is must for any decisive down moves and as such no selling seen till yesterday therefore Outlook will remain Bullish and only minor intraday down moves will be considered for cooling down of sentiment but sustaining below 6131 not expected.

Expected that finally on going rally will remain continued after minor intraday correction and follow up consolidations.

(As busy in a marriage therefore detailed Technical Analysis has not been updated today but Mid-session Outlooks will be posted)