Monthly position for nifty

Expecting 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.