Wednesday, September 17, 2008

Sep 17,2008
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NIFTY closes at 4074.90. Sensex closes at 13518.80.

Nifty chart is not looking good. We prefer previous low(3790) getting tested in medium term. At least, a high above 4237 is required, if NIFTY has to reverse the trend in short term. Expect 4096 getting tested in short term.

3913 - immediate support.

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