As per the AUG-14 Options Chain the Bottom could be 7700. NIFTY might test 7725 today and might expire around 7750.
As per LTF as told Yesterday SELL Triggered above 7794 and the Initial support or Bounce might come at 7749 (PIVOT in LTF).
LTF Support 1 @ 7725, Support 2 @ 7704. Being Expiry I am hoping it might close around 7750.
In HTF, it is trading within the Minor Trend and So SELL triggered above 7791. Minor Trend Pivot at 7744 and Support at 7722.