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Jan 16

TECHNICAL ANALYSIS BY NSFX 16.01.2014

By:Nati

High:  Low: 

Since the 14th we've seen strong bullish action with buyers found from the 9372 level. Price action ascended through the previous high set on the 2nd at 9626 all the way to the 9772 high. Today has seen a sell off since opening this morning, but a retracement below the support in the 9626 area would be needed to reverse the bull trend.

R3
R2
R1
S1
S2
S3