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Pre-closing Outlook(06-06-2011)

As soon as Nifty got support between 5480-5495 then it was informed in Mid-session Outlook-2 today.

When Nifty was trading below 5535 and then following line was told:-

"Nifty crossing 5535 will mean strong rally after strong base formations at lower levels today".

Nifty is hovering around 5535 for the last 45 minutes and suatining beyond this level will decide that correction is on or off.
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