"ANL" Azgard Nine Limited Intraday Analysis 27 Feb 2013

"ANL" Azgard Nine Limited Bullish bais above 7.41 Our Prefrence:  As long as 7.41 is sustained buy ANL below 7.79 with target at 8.46 and 8.82 Alternative Scenario: Breakage of 7.41 can call for a further drop towards 7.03 and 6.90 NOTE: ANL is getting a strong support at 7.41 and have already completed its 50% correction so it can move again back to 8.83 as at that level is capped by a trend line on intraday basis, closing above 8.83 will call for a new era of bullish trend in ANL. Intrady Supports & Resistances:

S3 S2 S1 Pivot R1 R2 R3
6.94 7.47 7.88 8..41 8.82 9.35 9.76
Mid S3-S2 Mid S2-S1 Mid S1-PP Mid PP-R1 Mid R1-R2 Mid R2-R3
7.21 7.68 8.15 8.62 9.09 9.56
Chart ANL27FEB

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