Wednesday, August 20, 2008

Aug 20,2008
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NIFTY closes at 4368.25. Sensex closes at 14543.73.

Nothing significant has happened in NIFTY charts that could indicate any bullishness. Lower tops and lower highs indicate negative sentiment prevailing in the market. Unless any trend reversal happens market likely to remain bearish.

4230 to 4240 stays as the support region, as of now.

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