On the , after a fake in August, price rallied to make a new high before printing a doji and a today. Short positions from 8000, could see price falling to minor support at 8688.90 followed by 8400 and perhaps to 8000.
The comes after nearly 189 days of rally in the index. Incidentally the highs from early September coincides with the previous high made in the first week of March 2015, after which NIFTY fell by over 21%.
Something to in mind as the Indian equity markets have enjoyed a stellar rally, especially banking stocks/PSU's with fresh influx of money over the past months.