This is Nifty50 my tentative wave pattern. I think there is still a momentum of 100-200 points to form the top.
Vedantha is poised to an up move and has completed wave 1 and is ready for wave 2 for a 38% retracement to at least 240-45
A cyper HP is in formation and if it breaks 78.6 @17500 a possibility of a trend change with a target of 16400 and 15900.