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Pre-Closing Outlook(14-09-2011)

Nifty moved up sharply but could not test last 2 sessions resistance range of 5020-5028 and today high at this moment is 5017.90.

Strong up move today after lower level good consolidation as well as intraday charts of last 2 hours are also showing consolidation patterns. Fresh up moves are expected in the coming sessions if no big blow from Global markets.
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