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Post-Open Outlook-2(19-11-2010)

All the Asian markets recovered and more than 2/3% sharp surge seen in Hangseng and China markets. Indian markets also recovered from lower levels but confirmations required from range break out(5932-6015).

It has also been observed from last 1 hour move that Indian markets underperformed Asian markets because less recovery in percentage terms seen in Indian markets. At present Indian market reacting Asian markets moves only and let more indications come then final conclusions will be drawn and next moves confirmation range is 5932-6015.