If Nifty stays above 4920 then first target appears at 4953 and the next 4975. After rise if Nifty is unable to stay above 4953 then short can be initiated at 4945 with stop 4953.
If Nifty stays below 4907 then first support appears at 4874 and second support at 4831. If Nifty stay above 4874 then long can be initiated at 4884 with stop 4874.
Today NMA indicator has given buy signal for Nifty.
Best of luck.
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