Trend deciding level for Nifty is 4,950:
``For daily purpose, trend deciding level is 4,950 for Nifty. If Nifty shows strength above 4,950 levels, then rally to 5,000/5,050/5,100/5,150 may be seen. If Nifty does not show strength above 4,950 levels then selling pressure till 4,900/4,850/4,800 may also be seen,`` said Puneet Kinra, senior research analyst, Bonanza Portfolio.
``For daily purpose, trend deciding level is at 5,300. If Nifty shows strength above 5,300 levels, then rally to 5,340/5,400/5,450 may be seen. If Nifty does not show strength above 5,300 levels then selling pressure till 5,240/5,200/5,160 may also be seen,`` said Puneet Kinra, senior research analyst, Bonanza Portfolio.