Nifty closed on a weak note, however as said on friday, its unable to break the low of 4820. Even today, this could be the low for the day, which if broken,nifty will test 4750.
however nifty not breaking 4820 today, will rally atleast 200 odd points in the comming days, so go long with 4820 as the SL tgt of 5020-5050, for intraday, nifty if sustains 4820 will hit a high of 4886-4923