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Nifty forms bearish engulfing candle
Nifty closes higher for 5th mth
Positive sentiment likely to continue
Unfazed by FPI outflows, mkts rise for 2nd session
Options OI bases moving to lower bands
Lower VIX may trigger profit-booking
RBI policy to dictate mkts for near-term
Level based trading would be ideal strategy
Titan shares tank over 2% after Q1 earnings
Nifty chart formations show a pause in trend
Bearish bias more likely
Key indices further fall on unabated FII outflows