Last close 11707.10
The index formed bearish candle on the daily candlestick charts ahead of expiry of August futures. Technically now intraday stance is bearish for Nifty. Make use of surge to sell while maintaining stiff stop-loss. We recommend a sell on higher levels. Our strategy to short keeping strict stop loss of 11764. On the lower side expect it to slide upto 11658, Break will take this to 11614.