Nifty - Wait for a dip!In short - Nifty is Overbought/Too Expensive/Too Hot to enter long currently.
The further Nifty moves upwards the more expensive it'll get and higher the risk of negative short term returns/losses in case of futures.
An inclined rally in a higher time frame is always followed by a dip.
Step aside for the rest of the week and wait for any dip.
