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Markets
Nifty forms Bearish Engulfing candle
Peace talks buoy optimism on bourses
Any decline below 17052 (200DMA) will be negative for market
Charts indicate bullish strength on lower time frames
Stock Market
Sideways trading with positive bias
Further correction more likely
Don't chase long positions
More shortcovering amid weekly F&O expiry
Boiling oil price roils markets
Nifty forms bearish candle Shooting Star
OI build-up at far strikes points to volatile trading
Caution alert for investors on negative global cues