Intermediate Trend is UP and currently wave 5 in progress (Target 28,215)
The minor trend is UP & currently an ABC correction (Target 21,850)
Structure Damages below 20,405
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Explanation:- We are in an uptrend and the largest wave 3 got completed from 17,105 to 25,232 and now the correction is in progress, AB leg is done and BC leg in progress, which gives a target of around 21,850 (which is also a very demand zone).
Hopefully, before Diwali, the correction will get over and we will resume back to wave 5, which gives an upside target of 28,215 by Dec'2020 to Mar'2021.