Nifty Chart

After break support 7944 strait 110 points down  low 7834.
7800 good trend line support and Fibonacci support 7777.

2-3 days consolidation possible before upmove

Nifty Chart

Good support Short term support at 7944-7932
First retracement resistance at 8040 and then 8127

Short covering above 8000 upto 8040.