The Nifty did manage to exhibit some strength amidst the weak technical parameters. We may be headed for a surprise rally next week on account of the triple witching day on Thursday. However the market will continue to be weak unless it trades above the 5120 level conclusively, the immediate resistance is at 4995. On the flip side, the downtrend will continue if the support of 4850 is breached. Investors are advised to resort to staggered buying in key stocks, placing their bids much below the offer price and not to get tempted to buy in case of a sudden upward spurt.
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