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Mid-session Outlook(09-06-2015)

Side ways quiet first 4 hours trading between 8008-8057 with both higher levels selling between 8045-8057 and lower levels good consolidation also between 8008-8025 therefore valid break out of today first 4 hours trading range should be firstly watched now and must be kept in mind that once slipping below 7997 will mean high possibility of sharp down. 

As valid break out of today trading range will open the gates of next big moves therefore should be firstly watched.