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Post-open Outlook(01-08-2012)

As mixed intra day trading patterns were seen within 5204-5234 yesterday therefore following line was told today in Rally Continuation after correction Completion:-

"Nifty will firstly trade within yesterday Mixed Patterns range(5205-5234)"

Although Indian markets slipped from higher levels today but intraday patterns are showing consolidation signals and expected that finally on going rally will remain continued after follow up consolidations.