5 waves impulse down visible in NIFTY from top

NIFTY hourly chart shows 5 wave impulse down as of now. In this case, a pullback towards 21800/21900 should occur followed by another fall which should take the prices in 21300/21400 zone at least.

Assuming this is wave A of the correction downwards, pullback would be B followed by another impulse C down. Note that this is ideal scenario and the correction could become complex (WXY/WXYXZ). Let's go step by step and follow what's visible in charts and will update as and when something changes.

Note that 5 can turn into 9/13 if the first leg of this fall remains impulsive and it could also end up being 7/11 waves but we'll cross that bridge when it comes.