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Pre-open Outlook(02-12-2011)

Global markets and Futures are almost flat therefore sentiment is quiet and almost flat opening will be seen in Indian markets and following last lines of previous outlook are being repeated for next moves:-

Expected that Nifty will firstly trade and prepare for next moves between yesterday trading range 4917-5011 and sustaining beyond this range will be next moves confirmation. As intraday consolidation patterns yesterday therefore possibility of crossing and sustaining above 5011 is high in the coming week.