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Pre-Closing Outlook(11-06-2012)

1st Resistance range of 5070-5125 was updated on 09-06-2012 in Strong Rally above 200-Day SMA(today at 5066) and today first 5 hours nifty range with profit booking possibility is 5089.80-5124.45.

Sustaining beyond following ranges will be next moves confirmations:-

1- 5106-5124(today most time trading range)
2- 5089.80-5124.45(first 5 hours nifty range)
3- 5070-5125(Previous 1st Resistance range)