Nifty ends the week just short of a weekly momentum giving signal..

Based on previous day's TA, we could understand the gap up/ resistances at 4860-70 and a cooling off and a subsequent rise towards 4900.
It is the target reaching much earlier than EOD that led to a sharp intraday fall.
This price action leaves it open to a two way possibilities based on global cues.
Under normal conditions, the correction that started from 4900 should continue for 2-3 days and resume uptrend if holds 4750.