Nifty closed below a good support 11340, its a sign of sell on rise. Next support exists at 11255, below 11160. Sell on rise till 11340 with sl of 11360...
based on recent change in nifty 50 levels for coming days
NIFTY SPOT Support Resistance Note
Intraday 11264-11283 11359 Will be very volatile.
Weekly 11000- 11200 11300-11400 Soon will form bottom, maybe on Monday itself
Monthly 11164 +/- 100 11500-11600 Go long above 11383, below weakness will remain
Leaps 10500-11000 120000 Upper movement is capped, downside...