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Aug 26

TECHNICAL ANALYSIS BY NSFX 26.08.2013

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High:  Low: 

The index is off 7 points from intraday highs, 1671 area was a valid resistance. If buyers will get back in control  then the 21SMA in area 1680 will be the next test. The bullish trendline and the 200SMA are the key supports and only below those levels volatility will spike  and could trigger stop losses for buy&hold investors.

R3
R2
R1
S1
S2
S3