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Yesterday, the markets remained volatile and Nifty closed below 4,749. For today, the markets are expected to open on a flat note and will take cues from global markets and will remain in sideway's, a break above 4,749 or below 4,658 will give a trend to the movement of the market. The traders are advised to trade long in Nifty only above 4,749 levels for targets around 4,800 levels with a strict stop loss at 4,719, short Nifty if it fails to cross 4,800 levels for targets of 4,749 with a strict stop loss at 4,719.
Positional Support for NIFTY 4702 - 4680.
Positional Resistance for NIFTY 4782 4836 4921 4940 4948 4964.

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