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Markets
Charts indicate bleak outlook
All charts indicating negative signal
Nifty hits another all time high
MACD shows increased bearish momentum
MACD signals rising bullish bias
22,021-22,187 zone crucial for near term
No scope for short positions
Broader 21,137-22,126 range may continue
Volatile trading more likely
It’s ideal to stay focused on large-cap stocks
Charts indicate mean reversion
Nifty has not given any weaker signals so far
