Today we will analyze the stock RAJ TELE (RAJTV.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in RAJ TELE (RAJTV.BO)
1- Last bullish trend was from 146.55 $ (4/19/2012) to 170.35 $ (5/2/2012) a 23.80 $ move 2- The current bearish trend started from 170.35 $ at 5/2/2012 and is currently trading at 165.00 $.
3- RAJTV.BO current support level is at 164.73 which is the 23.60 % fibonacci retracement of the last 23.80 $ move.
4- RAJTV.BO current resistance level is at 170.35 which is the 0.00 % fibonacci retracement of the last 23.80 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
RAJ TELE (RAJTV.BO) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 146.550 and 118.250, and is currently supporting at 158.854.
RAJ TELE (RAJTV.BO) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 146.550 and 87.100,resistance between 158.500 and 95.300, the stock channel is currently supported from below by 158.935 and resisted from above by 183.486.
RAJ TELE (RAJTV.BO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 60.000 and 43.750, and is currently supporting at 100.784.

Stock Trading Conclusion:
RAJ TELE (RAJTV.BO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 166.26, 167.04, 167.68, 168.31, 170.35,.
Stock Support levels : 164.73, 161.26, 158.85, 158.45, 155.64, 146.55, 140.08, 131.84,.