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Post-open Outlook(09-09-2011)

As sentiment dampening CAG  recommendation to Govt. news therefore its impact and expected trading levels were updated well before the beginning of today market. Nifty is trading within mentioned levels since opening today. Global markets are strong but Indian markets are almost flat due to mentioned news.

Indian markets will preapre for next moves within mentioned levels and its break out will be net result of fresh positions formation within mentioned range. Indian markets are showing weakness today and confirmation will be sustaining beyond mentioned levels.