My Take on current conflict

Would like to add a word on current situation and its impact on Markets. First of all what’s happening is extremely unfortunate. We only can hope that this conflict gets resolved soon. Forget FINANCIAL MARKETS for humanity such events are extremely disturbing. Now the point is what happens to markets if the issue gets sorted! Frankly if this problem gets solved for markets it only would be the joy of 2 or 3 days. It cannot change the underline texture of market. Because when we made the bearish forecast such events were not in equations. So beyond short term reactions trend reversal is not possible. At least TIME won’t let that happen. Now for very short-term Tomorrow is a Trading Holiday. And 48 hours is really a long time under such circumstances. So we have to manage the short term volatility. But my friends who are intrested in swing trading 1 thing I would like to mention again is. Our Target of 15,500 on NIFTY. Have patience we are going there. Focus on long term structure and ignore the noise.

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