Nifty - Where is it headed?

Nifty on Friday has seen a narrow range top with spot Nifty making an all time high.
However, volume seems to be drying up.
Does this mean SM have stopped trading and only amateurs have taken positions?
Can this be a false upside break of the wedge forming?

I remember the instance mentioned in Tom William's book Master the Markets looking at this instance.

Well... let's not anticipate and wait for couple of hours before the show begins!

Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.