I am looking this as Start of Wave A (Corrective) which will be impulse in nature and likely to move till 9800 , here i have showed an 5 wave impulse move up on Weekly time frame , and after that the correction has started , if you remember i have mentioned the same in Previous chart on Higher time frame using Kagi as price based tool , the 5 wave of impulse is completed ,
I am looking an ZigZag kind of pattern and based on my personal understanding i have placed future possible ABC as correction
one can look to stay in the direction of higher time frame and look to sell on weakness