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...
dont trade between this zone, because there is possiblities of consolidation. long above short below
Keep Eyes on connector. Put alerts for short side. But tracking a stock after connector is not bad. Bus long side pe alert bit big lga k rkho.