8:53 AM
Unknown
The Nifty entered the current week on a positive note, but the ongoing negative momentum, along with global and domestic uncertainty, helped bears have an upper hand.
The Nifty is expected to trade with a negative bias and reversal can only be pegged above 5300 on closing basis. Some Pulback bounce can be expected around 5000 levels, but once Nifty closes below 4950 it would open lower gates of 4800-4750 levels.