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Pre-Closing Outlook(13-09-2011)

Sharp slipping after intraday selling between 5020-5028 but support at lower level also between 4912-4936 after yesterday intraday buying between 4913-4928.

All trends are down and Higher levels selling today but lower levels support also at 4912 for the last 2 sessions also therefore I shall repeat following conclusive lines of yesterday Pre-Closing Outlook:-

1- Nifty will first trade between today range in the coming sessions and prepare for next moves.


2- As today sessions is showing lower levels buying and higher levels therefore tommorrow follow up buying/selling will give indication that Nifty is moving up or down.