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Markets
Nifty forms a lower high and lower low candle
Charts indicate neutral to positive bias
Options OI holds range-bound trading
Charts indicate waning strength
Better to stay neutral in indecisive mkt
Eco Buzz
Stay out of long positions as index shows weakness
Call writers shifting to higher bands
Options data holds range-bound upward bias
Charts suggests increase in bearish momentum
Volatile trading ahead of Feb F&O expiry
Nifty closes below 20DMA for 3rd time
Daily MACD indicating a fresh sell signal