Aug 21,2008
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NIFTY closes at 4415.75. Sensex closes at 14678.23.

Nothing significant has happened in NIFTY charts that could indicate any bullishness.
NIFTY has to cross first hurdle around 4460 to gain some momentum. A positive close is needed if it has to reverse the trend.

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