Right now you have great opportunity to make money if you follow stop loss, risk management and position sizing.
Nifty is ready to fall down, and with possible internal wave 2 near 17000 levels - 17100 levels can give you a opportunity to sell and short this market which is nothing but bubble.
I am looking at 16400 levels in next 20-25 days, probably before that if internal 3 or 3 is fast, we can see 16700 within next 2 days.