ESAFSFB.NS (NSE)

ESAFSFB.NS NSE

ESAF Small Finance Bank

SELL

43.52

Prev.Close

43.94

Change

-0.4200

Change%

-0.96%

BEARISH THREE GAP UPS

Sold at

43.66

Open

44.69

High

44.70

Low

42.56

43.52

Gain%

-0.32%

Signal History

Date	Price	Signal	Change%		INR100⇨
24-08	43.66	SELL	-0.3%		187
18-08	39.98	BUY	+9.2%	✔	173
07-08	41.50	SHORT	-3.7%	✔	169
10-07	34.72	BUY	+19.5%	✔ 👍	143
08-07	33.44	SELL	+3.8%	❌	144
12-06	28.15	BUY	+18.8%	✔ 👍	122
29-05	28.76	SELL	-2.1%	✔	123
22-05	28.06	BUY	+2.5%	✔	121
15-05	29.35	SELL	-4.4%	✔	122
21-04	23.90	BUY	+22.8%	✔ 👍	100
09-04	23.35	SELL	+2.4%	❌	101
02-04	22.88	BUY	+2.1%	✔	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 43.87, and our valid average selling price now stands at 43.66. The previous BUY signal was issued on 18-08-2026, 6 days ago, when the stock price was 39.98. Since then, ESAFSFB.NS has risen by +9.20%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		INR100⇨
24-08	43.66	SELL	-0.3%		241
18-08	39.98	BUY	+9.2%	✔	222
07-08	41.50	SHORT	-3.7%	✔	217
10-07	34.72	BUY	+19.5%	✔ 👍	184
08-07	33.44	SELL	+3.8%	❌	185
12-06	28.15	BUY	+18.8%	✔ 👍	157
29-05	28.76	SELL	-2.1%	✔	158
22-05	28.06	BUY	+2.5%	✔	156
15-05	29.35	SELL	-4.4%	✔	157
21-04	23.90	BUY	+22.8%	✔ 👍	128
09-04	23.35	SELL	+2.4%	❌	129
02-04	22.88	BUY	+2.1%	✔	128
23-02	27.25	SHORT	-16.0%	✔	112
18-02	28.21	BUY	-3.4%	❌	117
11-02	28.97	SHORT	-2.6%	✔	116
30-01	28.05	BUY	+3.3%	✔	114
27-01	28.45	SELL	-1.4%	✔	114
13-01	25.79	BUY	+10.3%	✔ 👍	104
06-01	26.65	SELL	-3.2%	✔	105
31-12	26.65	BUY	0.0%	❌	106
24-12	26.44	SELL	+0.8%	❌	107
15-12	25.85	BUY	+2.3%	✔	105
02-12	26.56	SHORT	-2.7%	✔	104
28-11	26.91	BUY	-1.3%	❌	107
20-11	27.16	SHORT	-0.9%	✔	107
18-11	27.24	BUY	-0.3%	❌	109
12-11	27.61	SHORT	-1.4%	✔	109
10-11	27.96	BUY	-1.3%	❌	112
28-10	29.39	SELL	-4.9%	✔	113
20-10	28.43	BUY	+3.4%	✔	110
08-10	29.37	SELL	-3.2%	✔	111
03-10	29.92	BUY	-1.8%	❌	113
22-09	29.74	SELL	+0.6%	❌	114
15-09	29.54	BUY	+0.7%	✔	114
05-09	29.10	SHORT	+1.5%	❌	118
01-09	29.00	BUY	+0.3%	✔	119
25-08	29.34	SHORT	-1.2%	✔	119
19-08	30.03	BUY	-2.3%	❌	124
09-07	34.11	SELL	-12.0%	✔	125
25-06	32.16	BUY	+6.1%	✔	118