Nifty formed negative Divergence in daily charts and Double top formation in Price Charts.
At 11694-11714 range, Double Top Formation preventing Bulls to Cross this resistance.
Moorat trading also indicated that Bears likely to take control over market from nowonwards.
First confirmation would be trade and close below 11555 spot level.
Next crucial support for Bulls is at 11491-11448.
Today's price action is crucial for next directional move.