Friday, August 22, 2008

Aug 22,2008
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NIFTY closes at 4283.85. Sensex closes at 14243.73.

Chart looks week. NIFTY likely to witness more pain. Crude oil, inflation and other negative factors likely to have impact on the market. 4230 to 4240 stays as the support region, as of now. This support likely to get broken. Next support lies around 4120 to 4133.

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