Sep 18,2008
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NIFTY closes at 4008.25. Sensex closes at 13262.90.

NIFTY moves as per our expectation. A new low could be expected today.

Nifty chart is not looking good. 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.