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Mid-Session Outlook(19-10-2010)

Flat narrow range market within 6060-6095 today.Market takes its own complete time to prepare for a move within narrow rahge moves. Although got little support at 6060 but resistance is also seen at 6095. I have already defined my bearish views in my previous 4 days outlooks and that is not changed despite yesterday sharp surge and its reasons have already been explained in today Pre-Open Outlook.

Today range break out will decide follow up buying or selling and that will give first indication of next big  moves.