NIFTY 50 future TRENDS

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Nifty Created Hgh of 5451 On Thursda and the same was not broken on Friday and As per the methods i Follw , Nifty Has completed 8th weekly closing from its recent low, And My ways tels that Nifty is Stopping its this rally jsut for some days, and Keeping SL of 5462 , One can Go short i nifty, n each rise, ,
Again 5451 not broken today.
 
Manohar, have we got the break-out as per your view???
I think spot nifty made high at 5414 (5421 Spot is just a punch in the morning) Still Nifty in a consolidation mode expecting break out very shortly.
5460-5505 level are again a big Res. to watch out. I am not expecting any blow up rally from this level.
Pull back of 3 to 5 % is still due to sum up 200 point max. range till this expiry
5300-5500.
 
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