Today we will analyze the stock Broadcast Initiatives Limited (BSCFAUG08.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in Broadcast Initiatives Limited (BSCFAUG08.NS)
1- Last bearish trend was from 148.95 $ (12/7/2007) to 130.00 $ (12/18/2007) a 18.95 $ move 2- The current bullish trend started from 130.00 $ at 12/18/2007 and is currently trading at 143.70 $.
3- BSCFAUG08.NS current support level is at 141.71 which is the 61.80 % fibonacci retracement of the last 18.95 $ move.
4- BSCFAUG08.NS current resistance level is at 148.95 which is the 100.00 % fibonacci retracement of the last 18.95 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Broadcast Initiatives Limited (BSCFAUG08.NS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 130.000 .
Broadcast Initiatives Limited (BSCFAUG08.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 130.000 .
Broadcast Initiatives Limited (BSCFAUG08.NS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 130.000 and 120.000, and is currently supporting at 131.739.

Stock Trading Conclusion:
Broadcast Initiatives Limited (BSCFAUG08.NS) was trading in a bearish 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 : 148.95, 154.10, 160.66.
Stock Support levels : 141.71, 140.47, 139.48, 138.47, 137.24, 136.85, 135.23, 134.47, 131.74, 130.14, 130.00,.