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Monday 19 September 2011

Nifty Intraday outlook for Tomorrow 20-Sept

A highly range bound session for Indian Equity Benchmark ended on a negative note amid the worries of European debt crisis. Nifty today closed below the 14 Day simple moving average (SMA) of 5,035 and is having a psychological support at 5,000 below it can fall towards 4,976-4,955 while the resistance is there at 5,070 and 5,100-5,130 levels.

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