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Mid-session Outlook-2(05-05-2011)

Selling signals emerged between 5540-5559 today  and any upmove will get confirmation above 5560. Now next moves confirmation range is 5496-5560. Minor buying and Minor selling ranges within this range are as follows:-

1- Buying- 5515-5525
2- Selling- 5540-5559

As selling signals also emerged today after yesterday buying  within mentioned trading range(5496-5560) therefore market is poised for any side break out.