Title
by Americanbulls.com LLC
Last Update
22-03-2019
^CNXENERGY
NIFTY ENERGY INDEX
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
16,152.3000
Change:
-245.1000
Percent change
-1.49%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 16,397.4000, and our valid average selling value stands now at 16,352.1600. The previous BUY signal was issued on 20-02-2019, 30 days ago, when the index value was 14,555.8000. Since then ^CNXENERGY has risen by +12.34%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
22-03-201916,352.1600SELL 118.08
20-02-201914,555.8000BUY 105.85
08-02-201915,119.1100SELL 106.60
01-02-201914,908.2400BUY 105.85
28-01-201914,820.0500SELL 106.60
16-01-201914,242.6000BUY 103.17
10-01-201914,004.5500SELL 103.90
07-01-201914,137.0500BUY 105.62
21-12-201814,343.5200SELL 106.36
17-12-201814,225.6500BUY 106.23
06-12-201814,176.4700SELL 106.98
27-11-201814,104.0600BUY 107.18
21-11-201814,293.8200SELL 107.94
02-11-201813,939.9300BUY 106.01
17-10-201814,472.3100SHORT 103.70
08-10-201813,665.4500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-201916,352.1600SELL 119.65
20-02-201914,555.8000BUY 107.26
08-02-201915,119.1100SELL 108.02
01-02-201914,908.2400BUY 107.26
28-01-201914,820.0500SELL 108.02
16-01-201914,242.6000BUY 104.54
10-01-201914,004.5500SELL 105.28
07-01-201914,137.0500BUY 107.03
21-12-201814,343.5200SELL 107.78
17-12-201814,225.6500BUY 107.65
06-12-201814,176.4700SELL 108.41
27-11-201814,104.0600BUY 108.62
21-11-201814,293.8200SELL 109.39
02-11-201813,939.9300BUY 107.43
17-10-201814,472.3100SHORT 105.08
08-10-201813,665.4500BUY 100.63
18-09-201815,565.5200SELL 101.34
14-09-201815,745.1800BUY 103.23
11-09-201815,632.0400SELL 103.96
07-09-201815,909.7100BUY 106.55
30-08-201816,004.8200SELL 107.30
20-08-201815,352.2500BUY 103.65
10-08-201815,413.3900SELL 104.38
06-08-201815,268.7200BUY 104.13
02-08-201815,155.3100SELL 104.86
09-07-201813,407.3400BUY 93.42
05-07-201813,171.0500SHORT 96.47
29-06-201813,120.7500BUY 97.46
25-06-201813,904.1100SELL 98.15
21-06-201814,064.4000BUY 99.98
15-06-201813,939.1000SELL 100.68
28-05-201813,446.1000BUY 97.80
15-05-201814,025.0000SELL 98.49
09-05-201813,901.7400BUY 98.31
03-05-201813,731.8400SELL 99.00
24-04-201813,598.0800BUY 98.73
20-04-201813,543.6800SELL 99.43
05-04-201813,431.7200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-201916,352.1600SELL 125.20
20-02-201914,555.8000BUY 112.23
08-02-201915,119.1100SELL 113.02
01-02-201914,908.2400BUY 112.23
28-01-201914,820.0500SELL 113.02
16-01-201914,242.6000BUY 109.38
10-01-201914,004.5500SELL 110.15
07-01-201914,137.0500BUY 111.98
21-12-201814,343.5200SELL 112.77
17-12-201814,225.6500BUY 112.63
06-12-201814,176.4700SELL 113.42
27-11-201814,104.0600BUY 113.64
21-11-201814,293.8200SELL 114.44
02-11-201813,939.9300BUY 112.39
17-10-201814,472.3100SHORT 109.94
08-10-201813,665.4500BUY 105.28
18-09-201815,565.5200SELL 106.02
14-09-201815,745.1800BUY 108.00
11-09-201815,632.0400SELL 108.76
07-09-201815,909.7100BUY 111.47
30-08-201816,004.8200SELL 112.26
20-08-201815,352.2500BUY 108.44
10-08-201815,413.3900SELL 109.20
06-08-201815,268.7200BUY 108.94
02-08-201815,155.3100SELL 109.71
09-07-201813,407.3400BUY 97.74
05-07-201813,171.0500SHORT 100.93
29-06-201813,120.7500BUY 101.97
25-06-201813,904.1100SELL 102.69
21-06-201814,064.4000BUY 104.61
15-06-201813,939.1000SELL 105.35
28-05-201813,446.1000BUY 102.34
15-05-201814,025.0000SELL 103.06
09-05-201813,901.7400BUY 102.87
03-05-201813,731.8400SELL 103.60
24-04-201813,598.0800BUY 103.31
20-04-201813,543.6800SELL 104.04
05-04-201813,431.7200BUY 103.91
15-03-201813,738.5300SELL 104.64
12-03-201813,662.1600BUY 104.79
19-02-201813,777.7500SHORT 105.39
12-02-201813,804.8300BUY 107.09
25-01-201814,465.6500SELL 107.84
22-01-201814,318.2600BUY 107.49
11-01-201814,340.9500SELL 108.25
04-01-201814,247.2500BUY 108.30
21-12-201714,251.4000SELL 109.06
14-12-201714,196.5000BUY 109.41
30-11-201714,240.2000SELL 110.18
16-11-201713,851.6250BUY 107.93
07-11-201714,346.3500SELL 108.69
04-10-201713,077.7900BUY 99.78
14-09-201713,364.6000SELL 100.48
12-09-201713,342.1800BUY 101.02
08-09-201713,202.0800SELL 101.73
31-08-201713,069.1800BUY 101.42
29-08-201712,871.0000SELL 102.13
23-08-201712,940.9200BUY 103.41
08-08-201713,104.2900SELL 104.14
02-08-201712,893.2900BUY 103.19
27-07-201712,664.3000SELL 103.92
21-07-201712,574.1200BUY 103.91
18-07-201712,463.9300SELL 104.64
10-07-201712,130.8000BUY 102.56
21-06-201711,897.8500SELL 103.28
14-06-201711,797.3500BUY 103.13
03-05-201712,212.8500SELL 103.86
17-04-201712,075.9300BUY 103.42
10-04-201712,017.4500SELL 104.15
30-03-201711,377.6500BUY 99.30
† Trade commissions are taken as 0.70%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hindustanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hindustanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Hindustanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Hindustanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.