Technically both selling patterns between 7670-7691 and consolidation patterns of Down moves in Bullish Falling Channel formations in first 3 hours between 7658-7691 today. As Indian markets are out performing Asian markets today and strong gap up opening was also seen today as well as today gap is not filled up yet therefore view is still cautiously Bullish.
Valid break out of today trading range(7658-7691) should be firstly watched now for next immediate trend confirmations.