Based on Fib extensions and the major hurdle at the extension levels. Will look for an Outside Day with a Rapid expansion which is Swiftly reversed in these levels indicating rejection. Short will make sense only on seeing such a price action.Don' t expect in the next two days as Option traders will maintain a very tight leash on the market making price movement very restricted and boring till 3:00 PM on Thursday.
Apart from the Fib Zone this level has been a bit of an hump for Nifty
to cross in the past.