Last week, we had considered 2 possibilities in the market. Both still remain alive.
1. The down move is still not complete and a low is pending at 10000-10100 followed by 500-600 point rally.
2. A wave is complete, followed by a rally to 10700-10900 and then a final leg down to C.
Breach of 10398 means down move is not complete and breach of 10640 means we are headed to 10800-10900.
Investors can buy at 10100, sell at 10800