Today we will analyze the stock First Trust Bank (NCFT.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in First Trust Bank (NCFT.OB)
1- Last bullish trend was from 16.15 $ (2/19/2014) to 17.78 $ (3/4/2014) a 1.63 $ move 2- The current bearish trend started from 17.78 $ at 3/4/2014 and is currently trading at 17.03 $.
3- NCFT.OB current support level is at 16.97 which is the 50.00 % fibonacci retracement of the last 1.63 $ move.
4- NCFT.OB current resistance level is at 17.16 which is the 38.20 % fibonacci retracement of the last 1.63 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
First Trust Bank (NCFT.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 16.150 and 15.760, and is currently supporting at 16.713.
First Trust Bank (NCFT.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 15.760 and 6.890, and is currently supporting at 16.901.
First Trust Bank (NCFT.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 15.760 and 4.040, and is currently supporting at 16.539.

Stock Trading Conclusion:
First Trust Bank (NCFT.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 17.16, 17.21, 17.32, 17.40, 17.41, 17.49, 17.78,.
Stock Support levels : 16.97, 16.90, 16.77, 16.71, 16.54, 16.15, 15.71,.