Minimum 60% retracement target was about 7683 for the upmove from 6825.80-8968.70. It can also hit 70% (7469) ! The tolerance level is 1-3% see the news flow somewhere around 7500-7700 or more is easily possible. Though current level is also is in the target achieved range of 1-3% tolerance. Certain other implication of internals can conclude the larger wave e around this level as well. Next couple of weeks may give a clearer picture.
