levels are clear 16500 if it will break 16300 will be crucial support. we might slip to below new low of this year in the coming weeks.
Don't wry it will be flat or minor down side as per sgx nifty, however we are moving up to atleast 17100 level.
In such breakout it is always better to wait and watch 15 mins. If it is sustaining on that level or not.
According to him if you have taken multiple lots than you can book profit by selling or buying 1 lot and wait for the final target.