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Mar 11

TECHNICAL ANALYSIS BY NSFX 11.03.2014

By:Nati

High:  Low: 

With the current index price selling off this week, closing below the 9372 support we can see possible tests lower towards the possible support drawn from the trend-line through the lows on the 9th of October last year and the 4th of February this year, reading in the 9255 area. Beyond this 9071 is the next major area of support, and a close below this level could signify an end to the recent bullish trend.

R3
R2
R1
S1
S2
S3