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!

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