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Oct 10

TECHNICAL ANALYSIS BY NSFX 10.10.2013

By:Nati

High:  Low: 

Breaking below the uptrend support line from November 2012 on Tuesday has led to a possible shift in sentiment. This trend-line will most likely to act as resistance going forward, and this level could be tested over the coming days. Where the downward trend-line drawn from the 19th September high meets the retracement of price should offer strong selling pressure. Resistance offered in 1670 region before 1676.5 area. Support expected in 1650 area before 1646.7

R3
R2
R1
S1
S2
S3