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• The Nifty managed to extend its weekly winning streak with a 0.34 percent gain, but a convincing breakthrough above 19,850-19,900 levels is needed for an upward movement towards 20,000 and beyond.
• Traders should monitor key levels closely and manage their strategies accordingly.
• One buy call is Jindal Stainless, which is expected to continue its upmove, and one sell call is Cholamandalam Investment and Finance Company, which has broken below key support levels.