It opened full gap up but 8830-40 zone was acting as a very strong resistance and prices got rejected quickly. After that it consolidated and presented a nice setup to short as direct BO. There were multiple levels below it but reading of the price action gave enough confidence to attempt that short. It moved well. Could not find a good setup to participate in the reversal and missed that trade.
Have a look at 8900PE, how it moved and helped me save lot of money in taxes and expenses.