With the key SL levels (16800/36800) broken and the Geopolitical storm not showing any signs of abating, its best for Conservative traders to stay away from the markets for now.
The recovery, whenever it starts will be a mix of U & V shapes – so investors and aggressive traders can remain alert to start building positions at the 1st signs of stability – probably near 16000/34500 odd levels or even earlier.
25 Feb 22
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