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Pre-closing Outlook(10-08-2011)


Volatile market between 5125-5185 today with both intra day buying signals at lower levels between 5125-5150 and selling signals between 5160-5185. As both buying and selling between mentioned range therefore Nifty is not prepared for any side move today and will again prepare tomorrow within or near about today range for decisive moves.

Range bound session today after many days and today range(5125-5185) break out will be next direction confirmation.