Current price 10316, index have either up or down situation this happens due to big traders trapped through invalid signal that’s the reason index will take support at approx 9863-9988, if not hold then serious sentiments will come and approx 12-15 months take time for recovery (may be more).

Possible for bounce back…not sure for quality bounce back…!

References:

See below previous analysis ” All movement has been followed as per analysis”

Analysis Date Apr             22, 2018
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Analysis Date Feb 09, 2018
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Analysis Date Feb 06, 2018
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Analysis Date Jan 24, 2018
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Note: Investments are subject to market risks.

Cheers!