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Mid-session Outlook-2 (02-04-2012)

Following lines were told in Mid-session Outlook today:-

Nifty is range bound between 5285-5315 today with lower levels supports. Finally Rally is expected after 1/2 sessions consolidation near about today first 3 hours mentioned range.

Although Nifty moved above 5315 but again slipped into mentioned range after more than one hour trading between 5315-5331. Nifty slipped from higher levels in last half hour but selling patterns are not visible at higher levels therefore expected that finally Rally will be seen after 1/2 sessions consolidation near about today first 3 hours mentioned range(5285-5315).