Today we will analyze the stock OMAXE LTD (OMAXE.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in OMAXE LTD (OMAXE.BO)
1- Last bullish trend was from 142.95 $ (2/7/2012) to 159.45 $ (2/16/2012) a 16.50 $ move 2- The current bearish trend started from 159.45 $ at 2/16/2012 and is currently trading at 148.00 $.
3- OMAXE.BO current support level is at 142.95 which is the 100.00 % fibonacci retracement of the last 16.50 $ move.
4- OMAXE.BO current resistance level is at 149.25 which is the 61.80 % fibonacci retracement of the last 16.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
OMAXE LTD (OMAXE.BO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 142.950 and 132.000 that was broken down at 152.250 transforming into a resistance line.
OMAXE LTD (OMAXE.BO) Mid term stock chart patterns for internet stock trading :

None.
OMAXE LTD (OMAXE.BO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 146.900 and 148.300 that was broken up at 147.600 transforming into a supporting line.

Stock Trading Conclusion:
OMAXE LTD (OMAXE.BO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 149.25, 150.70, 151.20, 152.37, 153.15, 153.73, 155.08, 155.56, 159.45, 162.20.
Stock Support levels : 142.95, 138.97, 138.46,.