Short on the breaking down of the for targets of 3-5%.
Stop Loss should be placed anywhere above the lower of the .
There are chances of breakdown and re-test hence keep patience for smooth down move.
Any weakness in Index will be cherry on the cake.
Charting is quite simple. Do take care of moving averages and indicators to book profits.
NOTE:- These are my personal views and you should do your own analysis for trading/investing.