We are seeing fresh high now days. In this situation, best way to trade in direction and intraday trading. Without confirmation of downtrend, Short selling and put is not good for trading.
Nifty opened with gap up and moving up. We have clearly found resistance for intraday 11772-84 and support will 11721-11709 intraday. Suppose not break 11800 and trade below 11780 for first hours, expected selling. Nifty will weak below 11700.
You will get soon clear direction for Nifty future with chart.