Balaji Telefilms
STAY IN CASH
Close
60.82
Prev.Close
61.54
Change
-0.7200
Change%
-1.17%
Sold at
62.15
Open
62.37
High
62.49
Low
60.63
Close
60.82
Gain%
-2.14%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 04-11-2024, 4 days ago, when the stock price was 62.15. Since then BALAJITEL.NS has fallen by -2.14%.
Market Outlook
The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.
Pattern Description
This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...
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