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Post-open Outlook(17-01-2013)

Although all the Asian markets are in Red and some are sufficiently down also as well as Dow's Futures is also 35 points down but Indian markets outperformed and .20 up today. It is first positive indication and follow up consolidation is must after good selling yesterday.. Quiet market is expected if big fall is not seen in Global markets.

Let market prepare and intraday  charts form patterns then next expected moves will be updated accordingly,as if now we can say only positive indications development today and also possible that Indian markets will firstly prepare for next moves between 5970-6030.