Wave x is shown in the chart with internal of Wave a and Wave b complete.

Wave c of Wave x is in progress which could end at 18869,19248 or 19727.

The 200 day average hand overhead and offer resistance.

200 day ema was tested.

200 day sms is at 18835.

100% projection of Wave a relation for Wave c is placed at 18869.

The 0-b parallel line make a channel and has the upper channel line around18865.

Cluster of resistance hangs overhead and the SENSEX needs to sustain and close the week above 18900 to extend the pullback towards 1.27% level of 19248 or extend further towards 1.618 which is at 19737.

The SENSEX need to sustain and close above 18900 not only on daily basis but also on weekly closing basis.

Failure to sustain at higher range of 18900 not and a reverse closing with a deeper candle movement along with the deeper fall can take the SENSEX not only to test 17295 but could even violation to make a sustained fall.

If that happens then it will be Wave x complete and Wave y will begin which will have down direction.