Sensex may touch 16810-16840 on upside: Angel

MUMBAI: Angel Broking is of the view that on the upside Sensex may touch 16810-16840 levels.

���Markets opened down with a gap and traded with extreme volatility to end in negative territory. On the daily charts, we are witnessing a Doji formation which suggests indecisiveness prevailing at current levels. On the downside, if indices trade convincingly below 16613 / 4930 levels then it may test 16995 ��� 16430 / 4900 ��� 4880 levels. However, on the upside, 16810 ��� 16840 / 4995 ��� 5020 levels may act resistance for the day,��� the report said.