Today we will analyze the stock OMAX AUTOS LTD (OMAXAUTO.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in OMAX AUTOS LTD (OMAXAUTO.NS)
1- Last bullish trend was from 43.05 $ (4/27/2012) to 50.75 $ (5/2/2012) a 7.70 $ move 2- The current bearish trend started from 50.75 $ at 5/2/2012 and is currently trading at 45.85 $.
3- OMAXAUTO.NS current support level is at 43.05 which is the 100.00 % fibonacci retracement of the last 7.70 $ move.
4- OMAXAUTO.NS current resistance level is at 45.99 which is the 61.80 % fibonacci retracement of the last 7.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
OMAX AUTOS LTD (OMAXAUTO.NS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 43.050 and 41.500, and is currently supporting at 44.600.
OMAX AUTOS LTD (OMAXAUTO.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 43.050 and 35.350, and is currently supporting at 44.671.
OMAX AUTOS LTD (OMAXAUTO.NS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 35.350 and 32.500, and is currently supporting at 36.407.

Stock Trading Conclusion:
OMAX AUTOS LTD (OMAXAUTO.NS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 45.99, 46.90, 47.01, 47.72, 47.81, 48.30, 48.88, 48.93, 50.75,.
Stock Support levels : 44.67, 44.60, 43.05, 40.96, 38.29,.