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Post-open Outlook(19-02-2014)

Flat to positive market and preparation for next moves because today trading between immediate resistance range(6130-6180) after last five hours trading between 6110-6141 yesterday. As Bearish Rising Channel formation in last 5 hours up moves yesterday therefore view is cautions and follow up moves with sustaining beyond 6110-6180 will be firstly watched today. 

Expected that Nifty will prepare for next trend between 6110-6180 and sustaining beyond this range will be next big moves confirmations.