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Pre-Closing Outlook(02-07-2013)

When Nifty was trading near the highest of the day at 5890 then following lines were told at 12:12 PM in previous Outlook today:-

1- intraday charts of today are showing selling indications
2- recovery from lower levels because continuous recovery in Dow's Futures and now trading 52 points up
3- As selling indications today therefore finally down moves are expected.

As was told same happened and Nifty traded today at 5852.30 after slipping from higher levels.

As good selling at higher levels today therefore finally weakness is expected in the coming sessions.