Today we will analyze the stock BASF INDIA LTD (BASF.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in BASF INDIA LTD (BASF.NS)
1- Last bullish trend was from 583.00 $ (4/27/2012) to 615.00 $ (4/30/2012) a 32.00 $ move 2- The current bearish trend started from 615.00 $ at 4/30/2012 and is currently trading at 585.00 $.
3- BASF.NS current support level is at 583.00 which is the 100.00 % fibonacci retracement of the last 32.00 $ move.
4- BASF.NS current resistance level is at 595.22 which is the 61.80 % fibonacci retracement of the last 32.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
BASF INDIA LTD (BASF.NS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 615.000 and 643.500, and is currently resisting at 604.313.
BASF INDIA LTD (BASF.NS) Mid term stock chart patterns for internet stock trading :

None.
BASF INDIA LTD (BASF.NS) Long term stock chart patterns for internet stock trading :

None.

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

Stock Resistance Levels : 592.08, 595.22, 596.46, 599.00, 600.00, 602.78, 603.54, 604.31, 607.45, 615.00,.
Stock Support levels : 583.00, 574.30,.