Nifty - Elliott wave analysis - buy or sell ? what's next

https://www.tradingview.com/chart/NIFTY/m98dzH3H-Nifty-Elliott-wave-analysis-5th-wave/
https://www.tradingview.com/chart/NIFTY/3Z5o0Ni7-Nifty50-Elliott-wave-analysis-5th-wave/
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.