1.After a sharp fall from 832 levels nifty has tested the 754 levels. 2.after a pullback at 61.8% levels again downside is possible 3.price has resistance of 200 EMA at 800 levels 4.Price has resistance of horizontal line at 800 levels. 5.Risk Reward is more than 1:2.5 Sell at 795-800 levels Stoploss 821 Target 750-730