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Nifty Prediction and Levels for 4th August 2011

Nifty Futures finally settled and closed at 5429.45 which is down by 37.05 or -0.68 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 5380 or above the resistance level of 5440 it would be in an upward trend.

Nifty Futures Support and Resistance Levels for Thursday:-
Resistance1- 5440 & above this level Resistance2- 5500.
Support1- 5380 & below this level Support2- 5330. 

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