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Mid-session Outlook-2(08-03-2013)

Most time trading between 5899-5914 today and this range was firstly broken down after some higher levels selling  but again moved into mentioned range after lowest formation at 5892. Now broken out and new high formation at 5924. Intraday volatility and only sustaining beyond 5899-5915 will be next moves confirmation.

Now trading above 5815 and sustaining it above will mean rally continuation toward next resistance range(5940-5970)