Trade Setup for March 3: Does the Nifty have more pain left before it finds a floor?

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88 stocks on the Nifty Midcap index ended lower on Friday, while 94 of those ended in the red on the Nifty Smallcap. The Midcap index is down 22% from its peak, while the Smallcap index has already shed 25% from the top.

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