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@reddyshivashankar2468, Price still hasn't crossed 2530, so my long view isn't valid yet. Today's volumes were also very low, hence today's fall doesn't scare me. Third, Price has precisely retraced to the 50-61.8% Fibonacci levels, and there is a high probability that price will bounce from current levels. 2440 is a crucial level.
@ssharipria, 2440 is where the 61.8% retracement is. I personally do not prefer to take trades if the price crosses below this level as I see it as a sign the buyers couldn't push the prices higher at the appropriate level. 2425-2408 looks like a mini demand zone, but I am not interested to take trades near that level.