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Pre-closing Outlook(07-02-2014)

Now Indian markets are range bound between 5934-6097 and follow up moves between 5992-6059 and sustaining it beyond should also be firstly watched for next trend first indications.

Nifty slipped below fast after selling below 6059 but immediate supports also seen at 6037 today. Sustained rally above 6100 is still expected despite sharp fall and markets will take its complete time for consolidations.