Bullish from symmetrical triangle if confirmed on March 31st would signal continuation of the rally from 2013 lows. On the upside, we see resistance directly at 9728 (127.2% Fib extension). The monthly RSI is well short of the overbought territory, hence, there is little reason to worry if we get a bullish breakout confirmation on March 31
Bearish scenario: Failure to hold above current month low of 8860.10 would open doors for a sell-off to 8616 levels.