Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 0.5% in negative at 11271
- AD was 1:2 (not bad)

- VIX down 5% (very good)

- strong support 11000-11200 region
- option writers bullish this level will hold in AUG series




3 min charts:
- traded short on 3rd/ 4th bar.. covered on trailing
- traded long after 12pm; stopped out at breakeven



15 min charts: