Nifty Future View for 22nd Aug 2008

keep eye on 4218 level any closing below that would bring a nifty straight to 4040, and dont take fresh long position till it crossed and sustain over 4357, but one thing, Nifty become oversold too fast, in fact that is the only positive thing with nifty, so lower side there could be a buy. but we would advise our viewer better keep sideline today and watch todays movement.
4400--4375--4357--4300--4233--4218--4200--4192--4172