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Pre-closing Outlook(20-06-2014)

Only sideways market between 7488-7700 was told in all the previous Outlooks of this week and Nifty traded within this range whole week. 

Following line was told  yesterday in Technical Analysis and Market Outlook(20-06-2014):- 

Sustaining beyond 7488-7566 should be firstly watched in the coming sessions for next big moves first indication

7488-7566 was given yesterday and whole time trading within this range today between 7519.40-7560.55 and Nifty has not broken out yet. Correction is on and sustaining beyond 7488-7566 should be firstly watched for next big moves first strong indication.