The recent candles are choppy, with mixed direction and long wicks, reflecting market indecision and low conviction from both buyers and sellers. Price is hovering around the mid-range of the fall, indicating a range-bound structure with no clear breakout or breakdown yet. If the price breaks below ₹9740, it could retest the major support at ₹9651. Conversely, a breakout above ₹9850 with volume may invite a retest toward ₹9940 and ₹10000. Until then, the bias remains neutral-to-bearish, with volatility compressing inside a sideways band.
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