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Post-open Outlook(18-08-2011)

Although most of the Asian markets are in Red and Dow's Futures is also more than 60 points down but Indian markets opened positive today. It has also been seen that Indian markets slipped from higher levels immediately after opening and trading near 5045. As good support seen between 5018-5045 yesterday therefore sustaining beyond 5045 will be firstly watched for next moves first indication.