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Following conclusive line was told yesterday in Technical Analysis and Market Outlook(28-08-2014)

follow up consolidation is equally required because last resistance range(7940-7968) is strong.

Nifty traded within above mentioned levels between 7942.25-7967.80 in first 2 hours today and preparing for next decisive moves.

Mid-session Outlook(28-08-2014)

As first 2 hours intraday charts of today have shown mixed patterns formations therefore at present view is watchful and firstly sustaining beyond last resistance range(7940-7968) will be watched for next immediate trend confirmations.