NIFTY - where is the bottom ?

NIFTY (4807) - As per last post, pulled back 5030 instead of 5040 and now reached the 4800 target.

Hereafter what next ?

If trade and CLOSE below 4800, then next attack 4655 but TWO CLOSE below 4655 then the ultimate target in downside 3950 - 3700.