Yesterday Nifty opened below the trendline, took support at 20DMA 4392. Nifty closed below at 4400.25. Sensex cloed below at 14662 after making a low of 14609. The MACD is still showing the positive sign. Yesterday our markets plunged down on the back of international markets. Nifty major support at 4200 and resistance at 4550.