Today we will analyze the stock V-Guard Industries Limite (VGUARD.NS) for internet stock trading in the NS stock market,
Stock Technical indicators to notice in V-Guard Industries Limite (VGUARD.NS)
1- Last bullish trend was from 187.05 $ (4/10/2012) to 195.70 $ (4/18/2012) a 8.65 $ move 2- The current bearish trend started from 195.70 $ at 4/18/2012 and is currently trading at 187.90 $.
3- VGUARD.NS current support level is at 187.05 which is the 100.00 % fibonacci retracement of the last 8.65 $ move.
4- VGUARD.NS current resistance level is at 190.35 which is the 61.80 % fibonacci retracement of the last 8.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
V-Guard Industries Limite (VGUARD.NS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 195.700 .
7- The Stock formed a 14.550 $ height triangle which was broken down at 188.500, target of the pattern is 173.950.
V-Guard Industries Limite (VGUARD.NS) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 69.500 $ height triangle which was broken down at 190.150, target of the pattern is 120.650.
V-Guard Industries Limite (VGUARD.NS) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 200.650 and 226.000, and is currently resisting at 188.351.

Stock Trading Conclusion:
V-Guard Industries Limite (VGUARD.NS) was trading in a bearish 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 : 188.35, 189.74, 190.35, 190.88, 191.38, 191.80, 192.40, 192.72, 193.66, 193.96, 195.70, 195.78, 196.62, 199.61.
Stock Support levels : 187.05, 184.70, 181.70, 173.95,.