As per the trend , Nifty need to go down to 15000 level and then move back to 17000 level but somehow Nifty managed to complete 5 th wave around 15740 . Now what will happen next - Nifty will go to 17000 level first as pull back and complete second wave . Nifty will start third wave and third wave always very fast and monster in nature . 18604 - 15640 = 2964...
Nifty is going to 15000 level to complete last wave
As per the trendline , short term is coming around 200 to 260 odd target