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Mid-session Outlook (23-05-2013)

Firstly sharp down and after that more than 3 hours trading between 5972-6006 with mixed patterns. As Correction continuation therefore firstly break out of above mentioned range and following 2 levels should also be watched for of correction completion if moves below 5972:- 

1- 38.2% Retracement level- 5941
2- Next strong supports- 5935-5960 

As 38.2% Retracement level lies between next strong support range therefore sustaining beyond above support range should also be watched for the confirmation of correction completion.