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Mid-session Outlook(08-11-2012)


Last 4 hours trading between 5716-5742 with supports at lower levels. As could not sustain at intraday higher levels therefore today range break out will be watched for following next trend:-

1- Above 5733 will be emergence of next up trend hopes but subject to  confirmation through sustaining it above.
3- Below 5733 will mean slipping into  31 sessions most trading range(5639-5733)