Keeping it short >
As per chart, I see 8900 or about's is where we should come in. [ 0.786 re-stracement]
Why, its probably the line where most inexperienced will sell? [ 0.786 fib re-stracement level]
Note: 15 minute chart comes in handy.
Also note RSI is almost near the bottom.
I'm also well away that a H&S can potentially take form when it reaches the pink area.