The level of 5235 has been the fulcrum around which Nifty has been stuck over the past couple of days. Today it has made a double bottom by testing the previous low of 5170 on spot. A small bounce back can be expected towards 5235-5285 which could be the March series expiry figure. Also the month of March is coming to end. The rally towards 5410 could happen with short covering on the last day of the month after the expiry of March series.
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