Still there is panic situation, you need to be cautious, india VIX is too high and therefor wide range is open in daily trend, you will get quick moves to execute your trade and exit from it. Small traders can avoid trading and learn so much from this market. Its best time for learners. Everyday there is a new learning for us in this market, new supports and resistance are being formed now.
my personal view is market is on sell on high mood. we need minimum 2 or more closing above 10500 for trend reversal. Till than sell on rise.