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Markets
Avoid short positions above 17,299pts
Sensex forms Hammer candle stick
Unabated sell-off amid inflation fears
Benchmark indices end in red on US rate hike fears
Charts indicating lower high formation
Inflation, rate hike fears casting shadow on bourses
Sharp pullback rally likely in oversold market
VIX above 14 level indicates surging volatility
Rupee falls 9 paise to 82.82/$
Quick pullback possible if Sensex trades above 60,900
Sensex, Nifty inch down in choppy session
Charts indicating further bearish movement