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Aug 25

TECHNICAL ANALYSIS BY NSFX 25.08.2015

By:Nati

High:  Low: 

Downside action and a close below the 187.70 level leads to a test of the 184.70 level and the 100 day SMA and the coinciding 50% level on Fibo connecting low of April and June high. This level held over the previous days and bullish traders could see the 189.710 could now offer an area of resistance going forward.

R3
R2
R1
S1
S2
S3