March expiry level for Nifty

Wishing Readers Very Happy , Colorful HOLI !

Volatile March Expiry is coming to an end, It raised Hope of Nifty conquering 6000 at one point of time and now we are facing danger of breaking important support of 200 DMA. Feb Expiry happened at 5693 yesterday we closed at 5641 so over 20 days of trading net to net we have moved just 40 points but sentiments have turned from excessive optimism to extreme pessimism, that the beauty of trading. Lets discuss how to trade Nifty on Expiry day.
FIIs sold 13485 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 385 cores with net Open Interest increasing by 66791 contracts..

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