As i predicted, Nifty did not break 5250 levels and recovered smartly after Budget presentation during Feb.
What is in store for March ?
I only one big -ve factor - Crude prices due to political uncertainty. Barring that Nifty should trade in the range of 5450 - 5850 range. As Nifty has fallen quite steeply post October., it is natural time for some credible pull back.
I feel 5250 levels are unlikely to be broken during March.
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