See Nifty at 4930 levels: KR Choksey

Deven Choksey, MD at KR Choksey Securities says that the Friday selloff was due to a pullback rally. The market is taking into account negative news flow from outside. He expects Nifty to touch 4,930 levels in the near future. Saumil Trivedi independent market analyst says weekly charts of BHEL are bearish and the stock may remain oversold in the near future.