Nifty near term view based on market sentiment and Zig Zag View

As we had seen Sharp recovery in nifty in last 3 to 4 month, now correction is required , in addition to this Current market scenario due to Covid also to be considered. As per RBI policy and Economic policies GDP and Liquidity is all time low and continue to fall below current level. Global Markets are also in the mood of correction and Indian market will follow their trend. Gold and Silver are making new record Everyday which means near term correction in share market is expected. Based on Zig Zag Analysis nifty is showing big downwards and sharp fall is expected in current month.
Best Strategy for this month is to take no overnight position and play safe in market, as after big correction again market will give opportunity to invest.
Current scenario is Stock Specific and not the indices specific.