accumulation before the burst

nifty once crossed 3376,indeed resume its uptrend once again, and even amid weak world markets made highs at around 3515 levels,,in my opinion if today nifty cant close above 3520,our markets could atleast enter a sideways zone of 3295-3515 range,at present it seems that this zone will only prove tobe an accumulation before rising and breaking this zone again,provided it doesnt give a close below 3295.