Today we will analyze the stock BRITANNIA INDUSTRIES LTD (BRITANNIA.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in BRITANNIA INDUSTRIES LTD (BRITANNIA.NS)
1- Last bullish trend was from 510.00 $ (2/27/2012) to 598.55 $ (4/2/2012) a 88.55 $ move 2- The current bearish trend started from 598.55 $ at 4/2/2012 and is currently trading at 546.00 $.
3- BRITANNIA.NS current support level is at 543.83 which is the 61.80 % fibonacci retracement of the last 88.55 $ move.
4- BRITANNIA.NS current resistance level is at 554.28 which is the 50.00 % fibonacci retracement of the last 88.55 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BRITANNIA INDUSTRIES LTD (BRITANNIA.NS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 510.000 and 436.000,resistance between 598.550 and 530.000 which was broken down at 580.300 in higher than usual volume.
BRITANNIA INDUSTRIES LTD (BRITANNIA.NS) Mid term stock chart patterns for internet stock trading :

None.
BRITANNIA INDUSTRIES LTD (BRITANNIA.NS) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 487.600 and 490.550 that was broken up at 487.000 transforming into a supporting line.

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

Stock Resistance Levels : 554.28, 558.40, 564.72, 566.07, 572.28, 577.65, 578.48, 598.55, 621.00.
Stock Support levels : 543.83, 510.00, 485.91, 480.87,.