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Pre-Open Market Outlook-2 (01-11-2010)

Dow futures trading more than 70 points up since morning today and Asian markets blasting today morning. Expected that today Asian markets sharp surge will proove dead cat bounce in the coming sessions. Today Asian markets rise is on the back of strongly trading US futures and global sharp fall will be seen in the leadership of US markets in this week.(Same view which expressed in the weekly in mid night today)

Strong opening and most of the day positive zone trading expected in Indian markets today but finally down moves will commence in the coming couple of sessions

Last bullish day will be today and after that down movws will start.(Same view which expressed in today Pre-Open Market Outlook in mid night today)

Although Global markets blasting today morning but mid-night expressed bearish views are unchanged today morning.