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If the said level get decisively broken on the higher side, then 19,500-19,600 can't be ruled out, whereas on the lower side, 19,000-18,900 is likely to be a key support zone, experts said
The market is due for a short term upward pull back in the near term. It has formed a long legged doji formation, which may see trending activity on either side, says Amol Athawale, Vice President - Technical Research, Kotak Securities.
The BSE Sensex ended the week up 1.86 percent or 1,239.72 points at 67,838.63, and Nifty50 gained 1.87 percent or 372.35 points to finish at 20,192.30
As Markets Witness Roller Coaster Ride Nifty Sensex Stay Strong
Foreign institutional investors (FIIs) sold equities worth Rs 9,321.41 crore, while domestic institutional investors (DIIs) bought equities worth Rs 4,572.14 crore in this week