Today we will analyze the stock Batliboi Limited (BATLIBOI.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in Batliboi Limited (BATLIBOI.NS)
1- Last bearish trend was from 18.40 $ (4/25/2012) to 16.55 $ (5/3/2012) a 1.85 $ move 2- The current bullish trend started from 16.55 $ at 5/3/2012 and is currently trading at 17.10 $.
3- BATLIBOI.NS current support level is at 16.99 which is the 23.60 % fibonacci retracement of the last 1.85 $ move.
4- BATLIBOI.NS current resistance level is at 17.26 which is the 38.20 % fibonacci retracement of the last 1.85 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Batliboi Limited (BATLIBOI.NS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 18.400 .
7- The Stock formed a 2.200 $ height triangle.
Batliboi Limited (BATLIBOI.NS) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 18.400 .
9- The Stock formed a 3.450 $ height triangle.
Batliboi Limited (BATLIBOI.NS) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 18.400 .
11- The Stock formed a 3.450 $ height triangle.

Stock Trading Conclusion:
Batliboi Limited (BATLIBOI.NS) was trading in a bearish wave, which is becoming weaker .
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 : 17.26, 17.47, 17.69, 18.35, 18.40, 18.90, 19.54.
Stock Support levels : 16.99, 16.97, 16.89, 16.83, 16.76, 16.55,.