1. Retraced from the 61.8 FIB Level
2. Dropped from a Strong Supply Zone
With things like BRexit and other Global Issues coming up.. It is almost a sure thing that NIFTY is going South, If i were to use FIB Extensions, it shows a fall towards 6800 in the long RUN, but I don't want to be stoned to death, so I won't keep bragging about it :), because most of you are holding longs stating that it is BULL Run.