As per the long view of the nifty research, I suggest to find what is the best level and minimum risk for short selling is intelligent decision AS TRADER.
Above chart is perfect example of the result.
Long term view: (I don't recommended to buy index as per long eye)
I suggest you to find where to short and move in direction of the wave.
IF YOU REALLY WANT MY DEEPEST RESEARCH THEN, JUST COMMENT ME... I CAN FIND EXACT LEVEL TO SHORT NIFTY . currently, I am thinking for target 11800-11825 shortly.