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Pre-open Outlook(02-11-2011)

Although US and European markets closed in deep Red yesterday but Dow's Futures is more than 100 points up today morning therefore sentiment is little maintained and Asian markets are flat to 1.3% down today. Indian markets will also firstly trade between 5195-5225. Last 54 sessions trading range highest was at 5223 therefore sustaining it beyond will be next moves first indication and will be watched .

Let market get support and consolidation begin then correction completion will be considered.