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Mid-session Outlook(15-07-2014)

Although down moves after first 2 hours profit booking between 7507-7524 but lower levels supports also seen between 7460-7475 therefore correction completion hopes are still alive above yesterday lowest(7423). As sufficiently good selling at higher levels today therefore equally good follow up consolidation is also required above yesterday lowest(7423) for next rally above today highest. 

First signal of next decisive moves will be sustaining beyond 7423-7524 and should be firstly watched in the coming sessions.