Nifty at 4613 is in severe downtrend
But do not short Nifty Now
Levels to short nifty were in range of 5000
Now either buy or stay in sidelines
As we have already seen Bloodbath in this month
nifty has slipped nearly 550 points from 5100 to 4550
Dont expect nifty to go down daily
Buy above 4660 with stop-loss at-least below 4620(choose a deeper if you can afford)
But buy above 4660 only as below 4660, market is still in downtrend
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