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Stock Market
Call writers covering short positions
Industry
Markets banking on bank stocks
Markets
Nifty forms higher high & higher low
Nifty may continue in positive mode for next 3 mths
Positive divergence an early signal for a bounce in the mkt
Options data holds positive bias with minor pause
Consolidation may continue
ADX indicates poor trend strength; lowest in 2 yrs
Stroming trade moves above to come
Wait for a buy signal as Nifty in neutral stance
Avoid long positions as it's time to build short strategies
Caution to investors as momentum turns negative