India Nifty--Possible Retracement (If dips below 7675)

Momentum Indicators are slowing down so one should book complete profit in longs as per previous update & can go short for partial targets of 7635(38,2% retracement of up leg from 7517 to 7709) & taking care of risk managment ...can book complete @7585--7595 (618% retracement of up leg) only if Nifty dips below 7675 with strict stoplosses of day's high.