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Markets
Consolidation for 1 more session likely
Focus on stock-specific strategy amid weak global cues
Industry
Nifty charts signal bearish confirmations
Close below 20-day SMA broadly negative
Charts hint further correction
Volatility may continue for next 2 sessions
Fresh round of selling possible below 58,800
Volatility may further rise ahead of Aug F&O expiry
Investors need to wait for correction
Profit booking likely in 18,000-115 zone
Volatility indicators point to potential retracements
Stock-specific moves likely in range-bound trading
