Sorry for responding late. However Price did hit 8294 and then come down.
1. Price Bounced of a nice FIB Level and since Opend Interest was more near that Price Range , I knew that it would go towards 8300
2. In the long RUN with Global issues going on, and on the Weekly Chart since price has dropped from a Strong Supply Level, we are headed towards 7500 - 7000 :)
This is just an opinion,
jackson_philips
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But long term , I'm still Bearish, NIFTY will defenitly touch 7500 Levels again