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Post-open Outlook-3(07-02-2013)

As intraday charts showed consolidation patterns also despite higher levels selling and closing at lowest of the day yesterday therefore Indian markets are up while most Asian markets are in Red today. 

We did not posted Bearish views yesterday and told for valid break out of 5941-5984 for next trend confirmation. As good recovery from lower levels today therefore sustaining above 5984 should be firstly watched now for correction completion and Short term up moves confirmation.