Dips in an uptrend.

The short term and intermediate trend is up. Today’s likely dip may change the short term trend to down if Nifty futures close below 3227, Monday’s low.
Should this be a buy on dips opportunity ? Yes. But, you need to wait till you get a setup on your charts that says – “the dip may be over”. This requires patience. Sometimes, you get it right, sometimes you enter late, sometimes you enter and the dip continues. I have a post on Buying on Dips,
Does the global market affect us ? Yes, very much. We are almost coupled with the world markets.