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Markets
Nifty Forms Bullish Engulfing Candle On Weekly Chart
Daily RSI nears oversold zone
Weekly MACD Indicates Fresh Sell Signal
MACD signals increased bearish momentum
Charts indicate overstretched market
Monthly RSI in extreme zone
MACD histogram shows a strong momentum
Overstretched condition only concern
MACD indicates overbought condition
It’s time to wait for range breakout
Stay neutral to bullish bias for now
Consolidation till Budget likely
