The day gone by

Nifty opened flat at 2660 levels,thats where it had closed yesterday.Most of the day it was very choppy moving within a small band till 2 pm.After 2.15 pm the markets started to slide badly and then closed very weak towards the end.The relentless selling doesnt seem to get over.We have a time cycle date of March 13th.At the moment it looks like will be a bottom,before that how low can we go is a million dollar question.We are not far from 2500 which is a very important support.