TECHNICAL ANALYSIS BY NSFX 11.05.2014
The index is trading in the range 1850-1900. A breakout above or below this band should kick off another wave. Above 1900 is unchartered territory but probably the index might test 1920 and then 1950. Below 1850 there is the 200SMA at 1810 and below this dynamic support 1785 could be an intermediate target.