From the deep bottom , which was there in the market few months back, surely market has been recovered from that point.
Even though it has been recovered a lot, its not picking up the upward momentum. At the moment market seems to be in flat condition. This point we can not predict how long will it be. Market is at the moment waiting for some big news on which it will decide the upward or downward direction. Till the time we have to watch.
Lets hope for the best.