I would think, nifty is at long, intermediate term uptrend.It has broken the trendline at on 07-Aug but again it has elevated from there and right on the track. Yes obviously the pullback are necessary, to strength the curve, thats what we are going in today (04-Sep) and upcoming few days. I would think to go long once market turns green again (and should not break the trendline 
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i feel it is a good idea
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