VOLATILTY AHEAD

Since Diwali Muharat, we are in a down trend which can continue this week as daily charts are showing negativity. Pivot for today is NF 4993 and bullish only over NF 5015... support lies around 4950-4920 from where some bounce is likely. We are nearing monthly pivot of 4908 and 50 DMA is around 4850 which could act as support for this wave.