Monday, August 25, 2008

Aug 25,2008
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NIFTY closes at 4327.45. Sensex closes at 14401.49.

NIFTY bounced back exactly few points above the strong support level near 4240. It looks like a trend reversal. Supportive global cues with fall in crude prices would help it moving up in today's trade.

4460 to 4480, 4573 to 4590 will be the next resistance levels on the upperside.

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