NIFY200 - CIRCLE OF CONFLUTION NIFY 200 representing much more broader market shows and throws interesting pattern. The circle range 7600-8000 range currently at 7860. Shy of 2% move. A break above 8000 (more probability) would push it towards the 8300-8400 area. While break of 7600 looks possibility but less probable. At best market may move in range. Today's action is crucial. In sum no need to panic yet on the big picture. Stay invested