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Sep 27

TECHNICAL ANALYSIS BY NSFX 27.09.2013

By:

High:  Low: 

The index is trading in a range that started on Wednesday and  is trading below  1700-1702 area. Likely to close the gap at 1688 before to try to regain 1700. In case the USA500 should fall more  area 1675 first and then the demand line are valid support.  A consolidation above 1710 could lift the index to a new high.

R3
R2
R1
S1
S2
S3