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Markets
Nifty forms Evening Star candle
Stock Market
Charts indicate moderate bullish bias
Focus on high relative strength stocks
RSI in neutral zone, MACD below zero signal line
Charts indicate over-extension of rally
RSI, MACD indicating positive momentum
Economy
Take short positions below 15,670 points
Avoid taking long positions
Nifty can go up if crosses 14.6k level for 2 days
Nifty on a down swing; bank rally saves the day