Today we will analyze the stock Kiri Dyes and Chemicals L (KIRIDYES.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in Kiri Dyes and Chemicals L (KIRIDYES.NS)
1- Last bearish trend was from 323.65 $ (3/8/2011) to 277.00 $ (3/24/2011) a 46.65 $ move 2- The current bullish trend started from 277.00 $ at 3/24/2011 and is currently trading at 309.50 $.
3- KIRIDYES.NS current support level is at 305.83 which is the 61.80 % fibonacci retracement of the last 46.65 $ move.
4- KIRIDYES.NS current resistance level is at 323.65 which is the 100.00 % fibonacci retracement of the last 46.65 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Kiri Dyes and Chemicals L (KIRIDYES.NS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 323.650 and 378.950 that was broken up at 302.550 transforming into a supporting line.
Kiri Dyes and Chemicals L (KIRIDYES.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 378.950 and 406.500, and is currently resisting at 352.502.
Kiri Dyes and Chemicals L (KIRIDYES.NS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 378.950 and 504.000 that was broken up at 309.500 transforming into a supporting line.

Stock Trading Conclusion:
Kiri Dyes and Chemicals L (KIRIDYES.NS) was trading in a strong bullish 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 : 323.65, 336.34, 352.48, 352.50.
Stock Support levels : 305.83, 301.83, 300.33, 297.08, 294.82, 293.25, 289.42, 288.01, 288.00, 277.00,.