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Post-open outlook(20-01-2011)
The range of 5640-5665 was given in Pre-open outlook-2 today for confirmation of next move in completely depressed sentiment. Nifty traded first one and half hour within this range and crossed 5665 without dipping below 5640. Indian markets out performing global markets today and it seems today that Indian markets got support within mentioned range. Sustaining above 5665 will be watched first for next immediate move confirmation as well as long term trend confirmations.