Today we will analyze the stock SALT INDUSTRIES (SALT.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in SALT INDUSTRIES (SALT.TA)
1- Last bearish trend was from 1,827.00 $ (7/31/2008) to 1,754.00 $ (8/7/2008) a 73.00 $ move 2- The current bullish trend started from 1,754.00 $ at 8/7/2008 and is currently trading at 1,980.00 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SALT INDUSTRIES (SALT.TA) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 1,827.000 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 1,754.000 and 1,401.000 that was broken down at 1,980.000 transforming into a resistance line.
SALT INDUSTRIES (SALT.TA) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1,819.000 and 2,798.000 that was broken up at 1,800.000 transforming into a supporting line.
SALT INDUSTRIES (SALT.TA) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3,446.000 and 3,483.000, and is currently resisting at 3,332.154.

Stock Trading Conclusion:
SALT INDUSTRIES (SALT.TA) 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 : 1,998.38, 3,332.15.
Stock Support levels : 1,926.66, 1,893.67, 1,867.00, 1,840.33, 1,830.15, 1,754.00,.