Today we will analyze the stock Banswara Syntex Limited (BANSWRAS.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in Banswara Syntex Limited (BANSWRAS.NS)
1- Last bullish trend was from 77.05 $ (1/6/2012) to 85.50 $ (1/27/2012) a 8.45 $ move 2- The current bearish trend started from 85.50 $ at 1/27/2012 and is currently trading at 83.00 $.
3- BANSWRAS.NS current support level is at 82.27 which is the 38.20 % fibonacci retracement of the last 8.45 $ move.
4- BANSWRAS.NS current resistance level is at 83.51 which is the 23.60 % fibonacci retracement of the last 8.45 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Banswara Syntex Limited (BANSWRAS.NS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 77.050 and 76.150,resistance between 85.500 and 80.950, the stock channel is currently supported from below by 82.150 and resisted from above by 86.713.
Banswara Syntex Limited (BANSWRAS.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 91.000 and 129.700 that was broken up at 87.000 transforming into a supporting line.
Banswara Syntex Limited (BANSWRAS.NS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Banswara Syntex Limited (BANSWRAS.NS) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 83.51, 83.59, 83.96, 84.25, 84.54, 85.50,.
Stock Support levels : 82.27, 81.28, 80.28, 77.05, 76.15, 74.75, 71.83,.