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Mid-session Outlook(02-09-2013)

As US Attack on Syria delayed therefore all the Asian markets are trading strong since opening today and Dow's Futures is also more than 80 points up since today morning. Resultant sentiment improved and Indian markets are more than 1.5% up and now trading within resistance range(5530-5605). Short Term Trend is up and Intermediate term will be up after sustaining above 5605.

Good consolidation at lower levels today but any decisive rally will be considered only after sustaining above 5605.