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Mid-session Outlook(01-01-2014)

As good closing of US markets yesterday therefore sentiment is positive today and whole day Green Indian markets on 1st trading day of 2014 resultant whole day trading above 6300. Selling seen above 6300 yesterday and today also selling patterns formation above it and expected that finally Nifty will sustain below 6300 in the coming sessions despite whole day trading above it today.