Sep 19,2008
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NIFTY closes at 4038.15. Sensex closes at 13315.60.

NIFTY could not break below 3800. A surge after the formation of new low would make charts strong. But the reality bites.

A high above 4237 would make NIFTY charts strong, which would help it rally further in the days to come. If the momentum helps it could be tested today itself. World markets signals bullishness in short term.

3800 immediate support.