Today we will analyze the stock Steel Strips Wheels Limited (SSWL.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in Steel Strips Wheels Limited (SSWL.NS)
1- Last bearish trend was from 130.80 $ (2/21/2014) to 123.80 $ (2/28/2014) a 7.00 $ move 2- The current bullish trend started from 123.80 $ at 2/28/2014 and is currently trading at 128.40 $.
3- SSWL.NS current support level is at 128.13 which is the 61.80 % fibonacci retracement of the last 7.00 $ move.
4- SSWL.NS current resistance level is at 130.80 which is the 100.00 % fibonacci retracement of the last 7.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Steel Strips Wheels Limited (SSWL.NS) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 19.750 $ height triangle which was broken down at 126.750, target of the pattern is 107.000.
Steel Strips Wheels Limited (SSWL.NS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 112.300 and 120.800,resistance between 132.050 and 150.200 which was broken up at 125.400 in higher than usual volume.
Steel Strips Wheels Limited (SSWL.NS) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 112.300 and 120.800,resistance between 132.050 and 150.200 which was broken up at 125.400 in higher than usual volume.

Stock Trading Conclusion:
Steel Strips Wheels Limited (SSWL.NS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 130.80, 131.47, 132.70, 135.13.
Stock Support levels : 128.13, 127.31, 127.30, 126.64, 126.47, 126.10, 125.56, 125.45, 123.80, 121.16,.