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Mid-session outlook(21-02-2011)


Market did not showed enthuciasm on resolving of JPC issue and Presidential address and trading with small losses. Market is quiet within 5433-5468 since opening today and forceful break out of this range will give first indication of those moves which will laid the foundation of post Budget moves.

Market has to prepare for any side moves and let this process complete. Just wait for sustaining beyond of mentioned range(5433-5468) for next and possibly post budget moves confirmations.