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Markets
Mkt still holding lower top formation
Market hovering in non-directional mode
Charts indicate losing steam in rally
Nifty forms another lower high candle
Market texture is non-directional
Range-bound activity in near future
VIX at lowest levels, move with a neutral to negative stance
Avoid short positions
Sensex forms Doji candlestick
Range-bound movement may continue
Short-term market texture still sluggish
Industry
Caution alert for investors
