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Mid-session Outlook-2(06-07-2011)

Nifty is trading between 5611-5634 for the last 3 hours with minor selling patterns between 5622-5634 and lower levels intraday support also between 5611-5620. Intraday indicators are showing divergence in last 3 hours therefore up moves possibility is also alive despite Red zone today.

Next move first indication will be last 3 hours range(5611-5634) break out.