Nifty is trading in a rangebound zone between 5EMA(High)-5EMA(Low) zone for the past 4 days. 13 EMA is added along the 5 EMA(High-Low) strategy. After applying we could find that additional EOD resistance zone is near 4853. A Strong overhead resistance is near to this point.

Chart shows that possible 5/13 Weekly EMA cross over likely to happen this week if nifty remains below 5000. Which is nothing but the primary trend to get weaker. And Iam expecting considerable OI builtup in 
5000 CE Feb Series(Call writing to happen in 5000 CE Feb series).
Source:
www.marketcalls.in

As the trading month is going to end tommrow its good to view the montly charts of
nifty. As of now its trading below 5 EMA(4883). So Possibly nifty could close above 4883
by tommorow as most of the time 5 EMA line act as a gravitational rope.
Source:
www.marketcalls.in

Ideal Strategy : No Positions until nifty either Breaks and closes above
either of the 5 EMA(High-Low) Band

Enter Shorts : only if nifty breaks below 5022 on EOD Basis( 5EMA) and
Confirmed shorts below 4946 on EOD Basis(5 EMA-Low)

Enter Longs : Only if Nifty breaks above 5071 on EOD basis(5 EMA-High)

Source:
www.marketcalls.in

As Trading Week is likely to end its good to look at weekly 5 EMA chartsWeekly 5 EMA chart points to the support zone of 4937. Nifty could give a fresh weekly sell signal if nifty closes below 4937
Source:
www.marketcalls.in