Friday 23 March 2012

60 min chart ; 3426

Bullish - Renewed strength with very high volume indicates correction is over and recorded a new higher high. Market has 'rebounded' after a 'pullback' gives opportunity to re-enter long position. The price has gone above all the Moving Averages. Support ; 3418 ,3383, 3359. Resistance ; 3464,3489 , 3532.