Today we will analyze the stock OCL Iron and Steel Limite (OISL.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in OCL Iron and Steel Limite (OISL.NS)
1- Last bullish trend was from 42.50 $ (4/16/2012) to 48.05 $ (4/25/2012) a 5.55 $ move 2- The current bearish trend started from 48.05 $ at 4/25/2012 and is currently trading at 44.50 $.
3- OISL.NS current support level is at 42.50 which is the 100.00 % fibonacci retracement of the last 5.55 $ move.
4- OISL.NS current resistance level is at 44.62 which is the 61.80 % fibonacci retracement of the last 5.55 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
OCL Iron and Steel Limite (OISL.NS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 42.500 and 37.750,resistance between 48.050 and 45.300 which was broken down at 44.550.
OCL Iron and Steel Limite (OISL.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 42.500 and 37.750,resistance between 48.050 and 45.300 which was broken down at 44.550.
OCL Iron and Steel Limite (OISL.NS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
OCL Iron and Steel Limite (OISL.NS) was trading in a 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 : 44.62, 45.28, 45.34, 45.86, 45.93, 46.28, 46.69, 46.74, 46.91, 48.05, 49.55.
Stock Support levels : 42.50, 40.99,.