This is only for educational purpose.
Basic trend is down. and the bad result is in price. and nowadays companies are reactive positive to the bed numbers.
So need to see how Price reacts to these R and S levels.
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.