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Any further spurt in VIX will hurt bullish bias
Fag-end profit booking takes toll on initial gains
Nifty forms bearish candle
Better to stay neutral in indecisive mkt
Positive neutral bias above 19,601pts
Better not to hold short positions for now
Equities see sharpest decline in recent times
Stay off high leveraged positions
Latest fall spoils strong bullish technical structure
Stock-specific trading more likely
Charts indicating over-extended rally
Exhaustion in ongoing trend