Nifty Spot level Study
Possibility No. 1
If trade near 7902-7911, then Sell in small qty(stickily) and hold wait for closing
If close abv 7909 then exit or revers your position.
Possibility No. 2
If break the (iii) wave low then possibility towards both EPA 7642-7436 Spot
In both condition closing is more important , mean if closed abv 7909 then again more up till 8038-8118+.