Update of Nifty Spot 1st August, 2014 EOD Chart

Bias (See Education on Main Menu)  is -ve i.e. down and would mean sell on all rallies till Nifty Spot is able to close above the Previous day high any one of these days. Faster / Slower retracement or Failure to retrace of 7422.15 will give the exact clue as to what is happening.