31037 is the level. Sustaining below it will cause 300-400 -point downward movement, Short some quantity and wait for a retracement to short more if sustains below 31037.
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SL hit in small quantity. I did not add more. Let see if we again get shorting opportunity below the same level.
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Again shorted future @30961
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Booking half @ 30760 and keeping trail SL of another half @30951
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Spot low made @ 30454 moved around 400 points. Booking rest quantity in futures @30500. SL hit one time but we entered again below the level therefore believing in your analysis will give you the reward.