Is This the Tipping Point for Nifty?

Critical levels are being tested. A breakdown here could trigger panic selling. As You can see in the Charts Given below Nifty on 15th May Resistance was form at 25116 for Simplification Taking Making it round of 25100, Nifty tried to break it on 26th and 27th May but were not able to break it. but in the 3rd Attempt Nifty Successfully Closed above that level off 25100. Now this is the Breakout Level this will attract New Buyer Now Tell me One thing why 90% of Break out fails. Because Retailer Wants to Take Buy Position on Breakout but Smart Money Will Square off the Position Because They are Getting Buyer even at this Higher Value and They Start Selling there Quantities. If you Look at the Chart from 9th June to 11th June None of the Closing is Strong Because Market wasJust Opening with Gap up But eventually Closed Near Day Low and on 12th June Market Fall Closed to 1% Meaning Smart Money have Sell there Maximum Qty at Higher Value and Next day market Open Gap Down & Start to Rally Now , No Smart Money Sell at Bottom. Retail are the One Who Sell at Bottom and Buy at Peak. Hence after Extended 2 day Fall we use fib Retracement tool Whose 0.50 to 0.61 Ratio is Known as Golden Ration. In Downtrend Any Pullback Area Near Golden Ratio is Good Level for Shorting and In Uptrend any Area Near Golden ratio is Good Level for Buying. Today's Closing is Bearish Near Golden Ratio Selling Area and if we close tomorrow below 24800 then Get Ready for 24200 to 24000 OI DATA Reasoning :- Smart Money Don't Buy Option They Sell Option. CE :- Resistance and PE :- Support 25000 CE is Having Highest OI On Bearish Side and 24800 PE is Having Highest OI on Bullish Side. So Closing Below 24800 will Lead to PE seller to exit will lead to More Fall in Nifty and closing above 25000 will lead to CE seller to exit and Nifty Can Show Some More Upside . So plan Your Trade in Index Accordingly Keep Watching heavy Weight Counter as well like