Stock Technical indicators to notice in EIH LIMITED (EIHOTEL.NS)
1- Last bullish trend was from 84.10 $ (3/28/2012) to 86.90 $ (4/3/2012) a 2.80 $ move 2- The current bearish trend started from 86.90 $ at 4/3/2012 and is currently trading at 82.35 $.
EIH LIMITED (EIHOTEL.NS) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 9.050 $ height triangle which was broken up at 85.000, target of the pattern is 94.050 which was broken down at 84.700, target of the pattern is 75.650.
EIH LIMITED (EIHOTEL.NS) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 82.950 and 82.350 that was broken down at 83.400 transforming into a resistance line.
EIH LIMITED (EIHOTEL.NS) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 14.050 $ height triangle which was broken down at 82.350 in higher than usual volume, target of the pattern is 68.300.
Stock Trading Conclusion:
EIH LIMITED (EIHOTEL.NS) was trading in a strong bullish 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 : 82.78, 83.42, 83.75, 84.09, 84.63, 85.16, 85.25, 86.90, 94.05.
Stock Support levels : 81.80, 75.65,.
Related Stocks
| Everest Kanto Cylinder Limited |
| ELDER PHARMACEUTICALS LTD |
| ELECTROSTEEL CASTINGS LTD |
| Electrotherm (I) Ltd. |
| ELGI EQUIPMENTS LTD |