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Markets
Base range consolidation likely for next 1-2 days
Nifty forms parallel bottoms and a Doji candle
Nifty forms lower high and lower low candle
Stock Market
Range-bound trading with positive bias
Nifty forms Long-legged Doji
Nifty forms 3 consecutive lower high candles on hourly chart
Charts indicate bullish strength on lower time frames
Limited downside fall amid hefty Put writing
Markets may move in neutral to negative zone
Economy
Options data indicates undercurrent weakness
Options data holds wild swings
F&O data holds rise in support, resistance levels