The time to "initiate" bearish views & trades was when Nifty was 24400/- now at 23000 there is a good 1400 point shaved off - with biggest trigger being higher crude and bond yields spikes triggered by inflation - You simply cannot initiate bearish trades here - pick up any war in history and tell me when have things escalated or large scale attacks launched when the dignitary of the stature of such as President and Foreign Minister are in the adversary's territory - the answer is never.
Being very honest here - screen looks bullish but my gut feeling and instinct is saying this is a laid down trap and bigger escalation of WAR going to happen, felt like that at 24400 last then it crashed to 23600 still feel the same.