Nifty love to 800...

Since March low #Nifty is following some nice pattern. It seems to be in love with XX-800 and XX-200 means 800 and 200 in each thousand stairs it moves. Lets look at it in details.

[1] From March low of 7526 odd, first it went up to 9800 and then retraced to 8800. Love of XX-800 starts here.
[2] Took support near 8800 and moved up. Faced some resistance near 10300 mark and then retraced back to 9800.
[3] After rejuvenating near 9800 mark, the rally started again towards 10800 where it consolidated and then moved to 11200
[4] Then as usual it retraced 400 points back to 10800. After taking support near 10800 it broke out up to 11800 where it faced some resistance and retraced to 10800 again.
[5] This time again it rallied from 10800, gave a #DoubleBottom breakout above 11800 with some hurdles and headed towards 12800 where it took a pause and consolidated for a week or so before moving further.
[6] Again this time it took a pause near 13800 gave a sharp fall to 13130, recovered swiftly and trading above 13800 mark.

Going by the above logic so far, every time Nifty has broke out and sustained above xx800 multiples, it moves to next xx200 before giving a retracement towards XX-800.

Does it mean we are heading towards 14200 before #Nifty gives any sizable correction. Not necessary. Possibly yes. No point trying to predict. Lets see where it goes.

Just tried to connect all dots.