As Iraq insurgents are gaining and resultant all the Global markets are flat to weak therefore same reaction is expected in Indian markets today. Nifty traded most time between 7542-7592 yesterday with both higher levels selling and lower levels consolidation and supports. As next resistances(7626-7673) are just above therefore complete consolidation is required for rally above 7673/7700 and expected that Nifty will firstly trade and prepare for next decisive moves between 7542-7592 and sustaining beyond 7542-7673 will be next trend confirmation.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
