Nifty - Respected the resistance posted .. So what next ?

Nifty 16529 - Respected our resistance zone posting of 16575-16610 by hitting a intraday high of 16593 and reversed and dropped to a low of 16495 .
Now the zone 16538-16566 will be acting as resistance and we expect Nifty will be moved to our earlier target 16433 .