Dated :- 31.07. 2016                                 NIFTY SPOT : 8638.50

Nifty is moving in narrow band.

The view is still the same.

And there is no need to change the view as of now.

Keep holding the short position with the stop loss of 8787 on closing basis.

As and when Nifty closes below 8480 trail the stop loss of 8676 closing basis as final stop loss.

Trade Accordingly.

Note :- All Levels are Nifty spot levels always.