Nifty Make or Break

Whenever Nifty has fallen 300 points single day next 4 or 5 days Nifty retrace and then enters into consolidation phase...
if tomorrows high is crossed then bull run continues... if tomorrow there is no movement above it then it is going to be official consolidation expecting to go 12600 level... looking at open interest I am bullish and it will gap up and continue to rally higher