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Markets
It's better to avoid short positions
Stock Market
FII-led upward movement likely
Key indices hovering with positive bias
Nifty forms bearish engulfing, belt hold candle
Call writers turn aggressive
60,000 level in sight for this festive season
Charts indicate exhaustion of trend
Sensex forms small bearish candle
Rupee plummets below 83/$
Bollinger bands indicate consolidation till 17700
MACD signals bullish sign
Industry
Sensex likely to turn bullish for short term