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Feb 19

TECHNICAL ANALYSIS BY NSFX 19.02.2014

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The index is consolidating above 1833 and might test the all time high at 1849.2. A breakout of this level can lift the index to unchartered territory and we can assume 1900 as a key level. If selling pressure will accelerate area 1800 will be a relevant test. below it 1770 and then the demand line in area 1750.

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