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Mid-session Outlook(11-06-2012)

US Futures are more than 1% up today after US Markets good closing last Friday,resultant all the Asian/European markets are 1% to 2% up but Indian markets are under performing and less than 1% up therefore profit booking possibility on the back of strong global cues can not be ruled out today.

First 3 hours sideways quiet market between 5106-5124 today and juat watch sustaining it beyond  for next moves confirmations despite strong and blasting  global cues.