Trade Setup for March 5: Nifty tumbles 1,000 points in three days; can 24,300 hold?

Although the Nifty staged a mid-session rebound of nearly 200 points to touch an intraday high of 24,599, the recovery lacked follow-through. Renewed selling in the final hour dragged the index to a close at 24,481, down 385 points for the day.

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