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Mid-session Outlook-3(05-04-2013)

Sentiment is again depressed today due to following Global markets:-

1- Hang Seng trading more than 640 points down
2- Nikkei(Japan) closed near lower levels after loosing more than 350 points gains.
3- Most European markets are trading in Red.

As supports seen at lower levels today in such dampened sentiment after slipping below strong support of 5548.35 therefore today lowest valid break out should be watched for next big down moves confirmations.