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Markets
Medium-term market texture remains weaker
Charts indicating further weakness
Quick pullback rally till 64,400-64,500 likely
4-day fall evaporates Rs 12.52-trn investors’ wealth
50-day SMA/ 65,650 acts as a trend decider level
Minor pullback rally possible
Uptrend may continue above 66,200 level
Incisiveness between bull and bears
Range-bound trading likely
Mkt texture is non-directional
Positive sentiment may sustain above 65,300 level
Possible relief rally on the cards
