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Stock Market
Range-bound trading with positive bias
Markets
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
Hefty OI build-up holds bullish undertone
Options data points to directionless trading
Nifty to witness sharp fall for the next week