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Markets
Counter-trend consolidation in the offing
Mkts losing steam amid weak global cues
MACD shows bearish momentum on all time frames
Few bounces likely in oversold zone
Stay on neutral to bearish
Nifty hovering in consolidation mode
Stay away from long positions
Caution alert on leveraged positions
Charts hold trend exhaustion
Charts indicate waning strength
Decisive move above 19,778 will confirm rally continuation
All sector indices losing momentum
