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Sharp pullback rally likely in oversold market
Avoid long positions for now
Charts indicating further bearish movement
Markets may remain volatile ahead of Feb F&O expiry
Flat trading for Nifty more likely
Options data holds range-bound session
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Charts indicate further uptrend
Nifty hovering at 50DMA
Choppy and volatile trading may continue
Sensex may further fall
Avoid long positions as market on downside moves
Investors look to macro cues
