Untill and unless nifty is holding above 4970 on closing basis, i am not short. Once it closes below that, then zooooommmm...Many seniors are already shorting at higher levels, but there philosophy about market is faar to different then me...they are the people with edge...they see market differently and at bigger picture...i havent gone that far yet and need to learn alot...
I am comfortable with shorting at my levels only. If i dont, then i remain in doubt that have i taken the right decision.
I see more bigger picture through weekly charts. And on Weekly charts i clearly see nifty going down on closing below 4980 this week(on Spot).