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Technical Analysis and Market Outlook(14-11-2013)

Following lines were told yesterday in Pre-closing Outlook:-

1- supports also seen at lower levels in last 1  hour as well as some indications of consolidations patterns also seen on intraday charts
2- minimum Pull back rally possibility
3- Correction completion will be considered after some more follow up consolidation and sustaining above today highest as well as 1/2 resistances.

As today holiday was announced therefore Pull back rally in the beginning of next week was told but market is open today therefore Pull back rally will be seen today and Wave-3 continuation after correction completion will also be considered after sustaining above next 1/2 resistances.