The index has formed a good base near the 13,800-13,700 zone and if it manages to hold the level, we may see a swift pullback towards 13,900-14,000, which is the immediate hurdle.
The shares erased an earlier rally and fell as much as 28% to $249.73 at 9:00 a.m. in New York after clients of Robinhood reported that they were unable to trade high-flying stocks, including GameStop and AMC Entertainment Holdings Inc.