there was a reason on nifty, for stop at 7500 and 8000,
the reason is simply parallel channel.
there is always a swing high and low, which can easily define, future move's,
but you need to find out swing's on time frame's, so make a habit of time frame switching for analysis.
mujhe ni pta tha... ye channel vgera ka knowladge. verna bhot maal bharta 7500-8000...