At the current level of the nifty, it is under pressure. As I have mentioned before if this level soon is not broken it will likely consolidate before giving us new highs. I will highly recommended to go long if only this level is broken, till then have patients.
Currently having main resistance at 9682. If it is not broken soon enough, their is high possibility of consolidation.
In any case I believe it has not hit the actual resistance, but their is time for it.
If it remains to hold the 490 level, we can hope new highs. Otherwise it may again go for its support level. But on the looks of it, it is not looking bullish as per the market. Looking for the target 470.