As Looking to above chart NIFTY has around support area of 4930 & at 4840 and also looking to RSI (15 days) it again shows support from 32 to 30 level but the worries is candle stick pattern which made today
Inverted hammer it show that supply at higher side & down side there is buying around 4840 level & rising of trend line indicated that again buying come around 4880 level or 4850 level so as per my view 1 should buy around
4850 or 4880 with stop loss of 4830 (below recent low) & sell at higher level around 4970 to 5000 level. Again if comes around 5000 than short it with stop loss of 5025
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