Level.

Please take a look at Nifty chart.

Right now Nifty is in short mode. 5294 level should come.

Stop loss is closing of 1 hr candle above 5386.

Closure of 1 hr candle above 5386, we can then go long for target of  5440.

Right now Nifty looks more designed going toward downside.

Please take a look at 1 hr chart.

I would advise long at level of 5292 for the target of 5359.

All the best!