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Mid-session Outlook(07-06-2013)

Now trading within first resistance(5943-5956) after lower levels good consolidation between 5900-5917 and trading with almost .50% gains. Indian markets completely out performed Global cues because sustaining at intraday higher levels while Dow's Futures slipped more than 33 points as well as most Asian markets are trading in Red.

Certainly emergence of rally expectations after 'ABC' correction completion and confirmation will be after sustaining above next resistance(5960-5981)