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Mar 20

TECHNICAL ANALYSIS BY NSFX 20.03.2014

By:Nati

High:  Low: 

This 9071 major area of support, a close below this level could signify an end to the recent bullish trend and the possible confirmation of a double top formation. If a close below the 9071 area the double top would give a technical target of 8400. Resistance towards 9429 marked on the chart, however the 100 day SMA towards 9330 offered found offers during yesterday’s session.

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