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Friday 13 January 2012

Nifty Intraday Outlook For Monday 16-Jan

It was second consecutive positive week for Indian Stock Markets. Realty, Metals and Banking sectors were the biggest gainers, while Auto and capital goods were substantial gainers. As of now, the level of 4,900-4,910 is providing resistance on the upside. Above 4,910, next resistance is at 4,950. HCL Tech and TCS results on January 17 are likely to provide the next trigger for the market.

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