Wait and Watch !!! Confusing Markets — Let it decide
Sensex Technical View :
The view remains the same 16k and 4770 are important levels for Sensex/Nifty. On the upside 16600 and 4980 would be significant resistance.
But the market is giving no signal of finding a direction as of now. So watching how it pans out from here. Worst case scenario is 15500.