Today we will analyze the stock RANA SUGARS LTD. (RANASUG.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in RANA SUGARS LTD. (RANASUG.NS)
1- Last bearish trend was from 3.65 $ (4/24/2012) to 3.35 $ (5/2/2012) a 0.30 $ move 2- The current bullish trend started from 3.35 $ at 5/2/2012 and is currently trading at 3.65 $.
3- RANASUG.NS current support level is at 3.65 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
4- RANASUG.NS current resistance level is at 3.73 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
RANA SUGARS LTD. (RANASUG.NS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 3.350 and 3.450,resistance between 3.650 and 3.850 which was broken up at 3.650 in higher than usual volume.
RANA SUGARS LTD. (RANASUG.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.100 $ height triangle which was broken up at 3.650 in higher than usual volume, target of the pattern is 4.750.
RANA SUGARS LTD. (RANASUG.NS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.850 and 4.400 that was broken up at 3.650 transforming into a supporting line.

Stock Trading Conclusion:
RANA SUGARS LTD. (RANASUG.NS) was trading in a 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 : 3.73, 3.84, 4.75.
Stock Support levels : 3.58, 3.54, 3.53, 3.50, 3.46, 3.42, 3.35, 3.33,.