Above is the nifty trading range of nifty september levels. Dont forget that december is the month of elections. So preparations for that event were started in august itself. Consolidations and peaks will be in range bound of above drawn zone only. After election results markets will consolidate a lot or may even crash for correction if results are not favourable to dalal street.Untill then even if major global cues are poised with damn superior negativity nifty wont loose its range bounding.