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Pre-closing Outlook(03-08-2011)

Firstly lower levels buying and after that Selling at higher levels between 5400-5414 was seen after gap down opening today.As Nifty traded narrow between 5380-5414 with lower levels buying and higher levels selling and also expected that will closed within this range today.

As today intraday patterns are showing consolidation therefore up moves hopes have arisen but follow up buying is must in the coming sessions for any very short term up move.

Nifty future Support Resistance Tomorrow 4 august

 Above 5440--5460--5482--5500­  Below 5416--5406--5392--5378­ ­

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Stock Tips Tomorrow 4 august