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Pre-Closing Outlook(02-09-2011)

Volatile market between 4995-5064 with clear selling between 5037-5064. Some buying also being felt between 4995-5026.

Today trading range break out will decide that on going Pull Back rally will survive or not. As good selling at higher levels today therefore  on going Pull Back rally survival is at risk also..

Just Watch break out of 4995-5064 for next moves confirmation.