BSE Sensex (16855): Finally the crucial level of 17150 breached and the market crumpled on the last day of the F&O expiry. Technically the market has generated a classical weekly sell signal but for that to happen the market must close around these or lower levels and if that happens then the market seems down next week.
The crucial support for the Sensex is at 16635-16542 and resistance at 17125.
Nifty (5006): The crucial support for the Nifty is at 4909 and resistance at 5078.
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Technical Analyst, Prakash Gaba:
