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Markets
Wait for a decisive move above 50 and 20DMAs
Nifty indicates long-term bearish sign
Avoid aggressive positions on either side
Higher probability to test 16962 level
Despite Omicron threat, markets edge up
60,700 pts a support level for day traders
Bulls are still in total control
Take cautious stance near resistance level
2020, the year of 2 extremes for markets
Economy
Benchmark indices inch up; Nifty at new peak