After strong down candle, it looks like making a correction with a good RR of 1.38
It may or may not reverse sharply but it should get relief because of support. With the expiry nearing, one can employ a option strategy when the support level tested with limited downside risk(Risk of option strategy must be limited to your level).
There is no buy for nifty until it reaches a strong support area.... till then short on only a confirmed corrective pattern