Nifty @ 17510.65

On 16 Feb, nifty made a all time high @15428. For next 4 months nifty consolidated before giving breakout. Sincethen niftyis in continuous up trend. If we put fibonachi from 15428.85 to 14149, which was the swing low, then 17510.65 is fibo resistance 2.618. According to my analysis, nifty should either consolidate at this level or show some corrections. Therefore, I'm suggesting to short nifty at this level.