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Wednesday, October 19, 2011

Market outlook by expert


8:30 AM - For the day, we need to cross and stay above the 5080-5100zone in order to stay positive, says Ashwani Gujral, technical analyst, on ET Now. If the Nifty breaks below 5050 then this will indicate that the rally is over, he adds. He sees resistance coming in first at 5059 and then 5081and support at 5035 and 5013.
Source: money.rediff.com