NIFTY looks like a sideways day today. The zones to watch are very close(refer image for algorithm flipzones). This means that there is more chance it being trapped here. Will depend purely on europe markets sentiments how today will be. Morning trades will give you nothing.
The current asian market sentiment is bearish so going long makes no sense. Scalping shorts at the extreme of the zone is what is recommendable. Still risky because There still wouldn't be any trend.
