Nifty : Reactive up-move is over ?

Nifty close at 61.8% Fibonacci Retracement. if Nifty start trading below yesterday's(Friday) low then possible more decline and positionally it can slide towards previous swing low of 7511. All bounce is selling opportunity. Intraday resistance near 8130-8148 zone.

It,s my personal view and only for educational purpose.
Beyond Technical AnalysisChart PatternsTrend Analysis

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