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Mid-session Outlook(05-10-2011)


Following line was told in Pre-open Outlook which proved 100% acccurate in first 3 hours today:-

expected that Nifty will first trade near about 4780. Finally some up moves are expected after consolidation within first trading range of 4760-4800

Anyone can verify fom today intraday charts that Nifty traded first 3 hours within mentioned trading range(4760-4800) and after that Nifty moved up according to our up moves expectations.

Good intraday support sen within mentioned range and up moves continuation are expected.