*Only for study purpose. Consult financial advisor before taking trading decisions*
After falling from high of 831.5 to low of 750.75,
There was a retracement to .618(800) level before falling below 750.75, After the fall, we can now see a consolidation at .618(700)
If the price falls below 700 by closing basis, it may go down to 687, Or else it may bounce back up, where a close above 710 can be buy signal. The RSI also indicates an upward movement.
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Target 687 reached, Now we are looking at huge downside break
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For intraday there is the posiibility of retracement to vwap, looking at target of 692.5