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Mid-session Outlook-2 (09-04-2012)

Firstly almost 4 hours trading between 5245-5363 and after that breaking down as well as breaking out of this range. Market is positions just above next and strong support range(5175-5236) within 5245-5363 and finally sustaining beyond this range will give next decisive moves following strong indication:-

1- Sustaining above 5363 will be first and strong indication of on going correction completion.
2- Sustaining below 5245 will mean testing possibility of last support range of previous rally(5136-5160)
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