4930 would be the level to watch out for:
Gaurang Shah, asst vice president, Geojit BNP Paribas Financial Services in an interview with ET Now says that 4930 would be the level to watch out for next week.
``The trend deciding level for the day is 17,492/5,322 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17,547 - 17,609/5,339 - 5,355 levels. However, if Nifty trades below 17,492/5,322 levels for the first half-an-hour of trade then it may correct up to 17,431 - 17,375/5,306 - 5,289 levels,`` said Angel Broking while commenting on the market outlook today.