According to chart analysis, it is a bullish rectangle breakdown so it can be a bullish ride so we have a breakpoint at 7646.12 to make sure. If it did not test this point then strategy 2 will be short.
Plan A: Long Entry: 7646.12 SL: 7567.88 TP: 7725.74
Plan B: Short Entry: 7510.22 SL: 7567.88 TP: 7414.14