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Pre-Closing Outlook(02-11-2012)

Whole day quiet market between 5683-5711 after gap up opening and today 25th sessions of sideways trading between 5639-5733. As Asian markets were strong therefore gap up opening and slipped also from intraday higher levels after weakness in European markets.

Intraday patterns of today are showing mixed patterns therefore firstly watch market reaction within and near about next resistance range(5700-5733) and its break out for first indication of next trend.