As US markets closed with good gains yesterday therefore sentiment is good and positive opening in Indian markets. Follow up selling was seen between 5692-6703 yesterday and first 15 minutes most time trading between this range today. As very Short Term indicators are oversold therefore if Nifty sustain above 6703 then it will be first signal of some up moves and Indian markets turning into range bound mode between 6651-6819.
Next immediate moves confirmation first signal will be valid break out of 5692-6703 today