As i already mention nifty price is in extended mode and fundamentally also it is far away from the price it should be and there is not major correction in time wise since 2008.So as per my analysis index has about to complete its 5th wave of long term 3rd wave(motive wave) and wave 5 is mostly sharp and final leg of the dominant direction. In smaller time frame 5th wave started since march 2020 and it was sharp and extended mode and also above 61.8% of total first-third wave so it can correct anytime in next 2-3 week or months so for trader as well long term investor my suggestion is short or wind up your portfolio as much as you can and according to your risk.
This is just my view on chart not any buy/sell advice.
This is just my view on chart not any buy/sell advice.