Anand Rathi: Markets may show a positive expiry

According to Anand Rathi Securities, technically, one may use the level of 3400 (Nifty) and 10640 (Sensex) as the stop loss level. Nifty faces resistance at 3525 and Sensex at 11850.

Profit booking and roll over likely to impact today's trading as today being the last day of settlement for August series. Lot of roll over is still pending.

Volatility is expected, but with both the short term indicators holding good, market may show a positive expiry.