I wish to make this analysis very simple. Closely looking at the chart we could see that there was a parallel channel and again the same kind of parallel channel forming.
The First parallel channel was about 700 points and then a big move in Long Trend occurred. Now in the next wave parallel channel 800 points was the side ways and trying to break that in above side . Note breaking above side. With the correlation of the data ,i could see another 1500 points upside from the current level is possible that means we aim for 11k-12k range as next move.