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At noon, Nifty was seen struggling to hold 22,500 levels. A break of 22,350 on the downside can trigger a further fall of 300-400 points on the index, says an expert.
As the fear of of an all-out war in West Asia grows, it is better to have a sideways-to-bearish strategy that can be controlled even if the view does not pan out
A good trade is about recognising where there is a good opportunity. Even though most traders are uncertain about the short term, they said the current crash could be used as an opportunity to add long-term positions