After a long run now the trend is side way since Jan 2014. The support uptrend which was intact since end of 2012 is broken in May. There is also a support trend since Dec 2013, which broken once in Feb 2014. On the other hand 170 is a psychological support,. So next resistance is 171.7 But watching the chart squeezing between downward channel, SMA 20 &50 and on the other side the support trend and support of 170 will continue the side action
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