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Pre-open Outlook(03-05-2016)

 As most Asian markets are trading in Red with some are trading more than 1% down therefore sentiment is depressed today morning and in reaction possibility of slipping below yesterday lowest after weak opening can not be ruled out but expected that finally up moves within last 11 Sessions actual trading range(7778-7992) will be seen in the coming sessions because intraday consolidation patterns formation was seen in last 2 sessions.