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Mar 18

TECHNICAL ANALYSIS BY NSFX 18.03.2014

By:Nati

High:  Low: 

With recovery of the Index to again trade above the 9071 level we see the double top technical formation rejected for now. Resistance trend-line in the 9290 area connecting lows from Oct 13 and Feb 14, followed by the 100 day SMA towards 9330. A close above the 9430 level could trigger further bullish interest.

R3
R2
R1
S1
S2
S3