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Mar 11

TECHNICAL ANALYSIS BY NSFX 11.03.2014

By:admin

High:  Low: 

After a decent rally last week and a close back above the Ichimoku Cloud, where the formation now has turned to a bullish outlook. So far, resistance has been observed at the 76.4% Fibo in the recent short term wave. Bullish pressure is building, and a close above the 76.4% Fibo could give scope for a move to the recent highs at 145.68. Downside supported by 61.8% and Tenkan-Sen.

R3
R2
R1
S1
S2
S3