Today we will analyze the stock CREST ANIMATION STUDIOS L (CRESTANI.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in CREST ANIMATION STUDIOS L (CRESTANI.NS)
1- Last bullish trend was from 37.00 $ (4/25/2012) to 41.00 $ (4/26/2012) a 4.00 $ move 2- The current bearish trend started from 41.00 $ at 4/26/2012 and is currently trading at 37.45 $.
3- CRESTANI.NS current support level is at 37.00 which is the 100.00 % fibonacci retracement of the last 4.00 $ move.
4- CRESTANI.NS current resistance level is at 38.53 which is the 61.80 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CREST ANIMATION STUDIOS L (CRESTANI.NS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 37.000 and 40.000,resistance between 41.000 and 44.000, the stock channel is currently supported from below by 36.000 and resisted from above by 40.063.
CREST ANIMATION STUDIOS L (CRESTANI.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 37.000 and 40.000,resistance between 41.000 and 44.000, the stock channel is currently supported from below by 36.000 and resisted from above by 40.063.
CREST ANIMATION STUDIOS L (CRESTANI.NS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 44.000 and 49.000 that was broken up at 43.500 transforming into a supporting line.

Stock Trading Conclusion:
CREST ANIMATION STUDIOS L (CRESTANI.NS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 38.29, 38.53, 38.81, 39.00, 39.23, 39.47, 39.64, 40.06, 41.00,.
Stock Support levels : 37.00, 35.91, 34.53,.