Nifty Momentum Likely to Continue

The Nifty has entered the current week on a cheerful note, with bulls playing a knock out series against bears, after making a low of around 4730 in the past week. Supportive global markets & the festive season triggered the threshold, which helped the Nifty move with a gain & closed above its VWAP for the October series of 4930 & weekly VWAP of 4800 indicating a positive bias for the market.
Activity on the market indicating the ongoing momentum will continue and any sharp selling may be wrapped with buying. In Nifty 4940-4873,,will act as a good support, can buy at any dip to make a descent return