1.The Index had two fail attempts in the past five trading session to break above the 200 moving average 2.The index managed to close its last trading session 23-2-2018 just above the 200 Moving average in the 45 minutes price chart and now approaching 2752 resistance price point. 3. It's been trading in an upward price channel since 14th of Feb 2018. 5. A break above the current resistance could see the Index prices move up towards 2796 resistance price point.