Educational: NIFTY grearing for big fall?

This is just a educational view. please correct me.if my analysis is wrong.

הערה:

as per my calculations NIFTY upside targets 11,114.51/11,232.99
down side targets 10,731.49/10,613.01/10,517.25/10,352.03/10,237.93/10,053.50/9,754.97

i am bearish on nifty. started adding puts.. will add 1 lot for reach 50 points till 11250 stop loss above 11328
Hedged with bank nifty calls