Monthly position for niftyGIFT NIFTY 50 INDEX FUTURESNSEIX:NIFTY1!dc4uonlyExpecting a reversal, yes geo political and 1st August announcement will play a major role. just wait for one day candle closing on your area. If you wish to be on buying side (buy nifty future) a positive candle on top of the trend line. Selling future for the month is only wise if 24k is crossed. Technically a bounce is expected and hopefully a green candle for August month.