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Support for Sensex at 16700: Gaba
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Technical Analyst, Prakash Gaba:
BSE Sensex (17022): We said ‘so far the market looks down and we may see some volatility’ and the market unfolded volatile. It opened wean and cracked and finally closed strongly positive, technically the trend is still intact up in this volatile F&O expiry.
The crucial support for the Sensex is at 16700 and logical technical target at 17467.
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Nifty (5052): The crucial support for the Nifty is at 4873 and logical technical targets at 5155-5166.
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