/ 

Mar 14

TECHNICAL ANALYSIS BY NSFX 14.03.2014

By:admin

High:  Low: 

Heavy selling was dominant in yesterday’s session and the technical outlook has now been changed considerably as all the Ichimoku indicators now are in favor of lower levels. 50-day SMA was also taken out and we are likely to see a test of 101.40, where trend support from recent lows comes in. A break below would open up for a test of recent lows and 200-day SMA around 100.70.

R3
R2
R1
S1
S2
S3