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Sensex in promising reversal formation
Mkts positive as Sensex trading above 50-day SMA
Market broadly turns negative
Weak formation may continue
73.6K to act as a trend decider level
Mkt still hovering in non-directional mode 72.5k may act as a trend decider level
Charts indicate further weakness
71,250 to act as support level
Mkt hovering in indecisive mode
Range bound action possible in near future
Positive consolidation activity likely
Market hovering in range-bound trading