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Dec 12

TECHNICAL ANALYSIS BY NSFX 12.12.2013

By:Nati

High:  Low: 

Trading broke through the 38.2% Fibonacci support level towards 9071 this week following possible profit taking. A close above the 9230 resistance area could again give scope for a retest of the highs above 9400 seen at the start of the month, although a range between 9071-8956 could come into play for a repeat of the consolidation experienced in late October/early November.

R3
R2
R1
S1
S2
S3