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Aug 26

TECHNICAL ANALYSIS BY NSFX 26.08.2013

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High:  Low: 

Just less than 50 points to the multiple top at 8457. If passed that level price will reach 8550. In technical analysis a multiple top in long time frames is considered even there is a 3%  price discrepancy so 8800 area could be the target price in case buyers will be in control.  The 55 EMA was a valid support during the latest trading days. Short term selling pressure only below 8200.

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