Nifty chart

Nifty tested the resistant at 4940-4950 levels.Nifty is trying to fill the gap at the level of 4990-5000 levels. now if trades below 4885 then it will test the level of 4800 levels.Now if the level of 4800 is broken then we may see a panic selling in the market(That we dont expect in short term,since the day chart is in oversold).Expect flat market today.