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Mid-session Outlook(25-08-2014)

All trends are up and Bullish rally is very much on but indicators are showing negative divergence in Overbought zone as well as selling patterns formations were also seen in last 4 sessions intraday charts. Although continuous up moves since opening today but without force and on the back of more than 50 points up Dow's Futures and strong European markets also therefore View will remain cautious because emergence of Short Term correction possibility.