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Pre-open Outlook(13-06-2014)

As political disturbance in Iraq therefore Brent Crude rates hike and resultant all Global markets are flat to negative. Sentiment turning depressed today morning and flat to weaker opening is expected in Indian markets. Markets may react Iraq news in the coming sessions because escalation of this problem will result Crude rates and sustaining beyond following range should be firstly watched for next Short Term Trend confirmations:-

1- 7613-7658
2- 7500-7700