It'll be good to exit, because nifty coming back 22600+114 before 13th March is highly unlikely. So the loss is most certain. Cut at smaller loss instead of getting it big.
Because presently it's mix of depriciation in rupee and attractive US Treasury yields of 4.7% which makes FII sell. If Rupee slide stops or reverse markets are gonna sky rocket.
@zerorisk trade in live market this and come back on this thread. It doesnt work like the one sensibull backtesting is showing payoff in sensibull isnt correct.