Tuesday, August 26, 2008

Aug 26,2008
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NIFTY closes at 4335.35. Sensex closes at 14450.35.

NIFTY signals indecisiveness inspite of pull back from crucial support level. Weak international markets might trigger a plunge.

4400 serves as the short term resistance level. 4460 to 4480, 4573 to 4590 will be the next resistance levels on the upperside.If there is any bullish momentum NIFTY would test 4450 levels. Still 4230 to 4240 serves as the critical support level.

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