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Post-open Outlook(13-06-2013)

All the Asian markets are 1.20% to 5.50% down but Indian markets are out performing and Nifty is only .80% down today because whole day good consolidations yesterday. As sentiment is completely depressed therefore follow up moves will be firstly watched today because Long Term Trend is at stake and once confirmation of sustaining below 200 Day EMA(5766) will mean big fall also. Let its breaking down confirmation come then will be updated accordingly.