Nifty, next stop seems to be around 7808 in the coming week

NSE:NIFTY   Nifty 50 Index
The trend lines seem to intersect in the right situations and in-line with fib retracement level. It would be great to see nifty pan out this way. If Nifty crosses the 7808 level while laying below the resistance trend line , heavy downside can be expected.