Today we will analyze the stock SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO)
1- Last bullish trend was from 147.00 $ (4/10/2012) to 167.24 $ (4/24/2012) a 20.24 $ move 2- The current bearish trend started from 167.24 $ at 4/24/2012 and is currently trading at 162.50 $.
3- SUNDRMCLAY.BO current support level is at 162.46 which is the 23.60 % fibonacci retracement of the last 20.24 $ move.
4- SUNDRMCLAY.BO current resistance level is at 167.24 which is the 0.00 % fibonacci retracement of the last 20.24 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 147.000 and 145.460, and is currently supporting at 151.363.
SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 179.710 and 181.300, and is currently resisting at 173.880.
SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 145.460 and 136.230, and is currently supporting at 148.629.

Stock Trading Conclusion:
SUNDARAM CLAYTON LTD. (SUNDRMCLAY.BO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 163.62, 164.31, 164.87, 165.43, 167.24, 173.88.
Stock Support levels : 162.46, 159.51, 157.12, 154.73, 151.36, 148.63, 147.00, 141.49,.