Sep 22,2008
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NIFTY closes at 4245.25. Sensex closes at 14042.32.

"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." - Quote from friday's post. NIFTY moves as per the expectation.

World markets trend helps NIFTY to stay bullish with good technical pattern. A medium term target around 4550 could be achieved with ease, provided the momentum helps.

4183 - immediate support. Immediate resistance - 4320.