market at decisive mode... sensex target is 16557.....now market very near to it. most likely market will start down ward move from it.lower target is 14100 and 12800,12700.
if market want to continue it's up ward move than it has to close above 16600,,,for two three days constant.which has very rare possibility.
see sensex at second tgt zone in between 16550 to 16700,this is predicted very earlier in this blog(see chart posted in june 5 earlier post.)
time to be cautious.most likely mkt will take some time here as dowjones tgt of 10000,10300 not achieved yet, interesting to see is our mkt wait for dow or takes it's own way(probable down wave),
one thing is sure before down ward move start,,, one good whipsaw zone dull narrow ranged trading zone,good distribution zone expected as smart money wants offload at higher lvl always.