NIfty Morning moving average failure short

1) The eventual target of nifty is channel bottom
2) We had a chance to gap up but failed, no closes above ema
3) Expecting the market to fail near the ema and make a move towards the channel bottom
4) stops- close above the moving average
5) DO NOT BUY

If markets break above the ema then the possible area to short again is yesterday high but still no buying.