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Mid-session Outlook-3(11-02-2013)

4 hours trading between 5883-5910 with lower levels supports and  consolidations patterns but  complete consolidations is required for any decisive up move because multiple resistances at higher levels. As supports and consolidations seen near about 38.2% retracement level(5895) today therefore Short Term up moves expectations turned alive but firstly sustaining above 5910(today trading range high) and after that 5984(resistance) is must for any decisive up move confirmation. As correction is already on and fresh selling will mean fast down moves toward next 50.0% retracement level(5829).
   
For next move confirmation firstly valid break out of 5883-5910 should be watched.