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Dec 30

TECHNICAL ANALYSIS BY NSFX 30.12.2013

By:

High:  Low: 

After the breakout of  both the 200SMA and the rise above 100 the commodity is testing area 101.5 area resistance. Above this level area 103.80 is likely to be the next test.  Only below 96 area the market sentiment could turn negative and Crude oil might test again 92.7.

R3
R2
R1
S1
S2
S3