India Vix- Is it a triple bottom or not

India Vix in the support range and in the process of forming a triple bottom on Monthly chart. Any 2 closing above 17 would lead to a correction while any close below 10.9 would confirm firm grip of bulls on the market and it will move forward like it is doing presently.

Personally i m very cautious now.

Discl- Just pure analysis of the chart and no recommendation to buy or sell anything here.