/ 

Oct 17

TECHNICAL ANALYSIS BY NSFX 17.10.2013

By:Nati

High:  Low: 

Support drawn on chart in the 1272 region, although a break below this level could open up for a retest of the weekly lows in the 1250 region. The 1300 figure offered on the downward trend-line connecting descending highs since the 28th August could prove an important area of resistance. A break above this level could target the 1320 area, a close above this area could target 1345-1350. On the downside, if prices remain below the trend-line resistance the bearish sentiment remains.

R3
R2
R1
S1
S2
S3