The markets are poised at extremely over-sold levels at the moment. A dead-cat bounce from the current levels cannot be ruled out in the extreme near term.
Any rally/bounce till ~37915 (11294) odd levels can be sold into.
On the other hand, 37690 (11227) is a multi-period low and once broken - the next targets would be 37307 (11113), 37225 (11088) and 37144 (11064).
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