Title
by Americanbulls.com LLC
Last Update
20-03-2019
^CNXPSE
NIFTY PSE INDEX
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
3,509.8000
Change:
-97.0500
Percent change
-2.69%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the values crossed below the confirmation level which was at 3,599.2000, and our valid average selling value stands now at 3,590.1900. The previous BUY signal was issued on 14-03-2019, 6 days ago, when the index value was 3,447.0800. Since then ^CNXPSE has risen by +4.15%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20193,590.1900SELL 81.71
14-03-20193,447.0800BUY 79.01
07-03-20193,404.1450SELL 79.57
19-02-20193,068.3800BUY 72.23
11-02-20193,110.7400SHORT 72.27
07-02-20193,204.0500BUY 75.49
05-02-20193,171.7100SHORT 77.35
31-01-20193,198.9800BUY 79.12
21-01-20193,272.6300SHORT 78.47
17-01-20193,299.3500BUY 80.23
08-01-20193,337.6000SELL 80.80
27-12-20183,356.5000BUY 81.83
21-12-20183,371.6500SELL 82.41
18-12-20183,333.7400BUY 82.06
06-12-20183,205.2800SHORT 86.70
04-12-20183,275.4100BUY 89.85
12-11-20183,400.2500SELL 90.48
01-11-20183,409.3500BUY 91.36
17-10-20183,379.8300SHORT 93.47
11-10-20183,276.0500BUY 91.88
05-10-20183,353.8500SHORT 91.07
03-10-20183,605.7300BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20193,590.1900SELL 66.81
14-03-20193,447.0800BUY 64.60
07-03-20193,404.1450SELL 65.06
19-02-20193,068.3800BUY 59.06
11-02-20193,110.7400SHORT 59.09
07-02-20193,204.0500BUY 61.72
05-02-20193,171.7100SHORT 63.24
31-01-20193,198.9800BUY 64.69
21-01-20193,272.6300SHORT 64.16
17-01-20193,299.3500BUY 65.60
08-01-20193,337.6000SELL 66.06
27-12-20183,356.5000BUY 66.90
21-12-20183,371.6500SELL 67.37
18-12-20183,333.7400BUY 67.08
06-12-20183,205.2800SHORT 70.87
04-12-20183,275.4100BUY 73.45
12-11-20183,400.2500SELL 73.97
01-11-20183,409.3500BUY 74.69
17-10-20183,379.8300SHORT 76.41
11-10-20183,276.0500BUY 75.11
05-10-20183,353.8500SHORT 74.45
03-10-20183,605.7300BUY 81.17
11-09-20183,608.5800SHORT 82.25
06-09-20183,637.4100BUY 84.08
04-09-20183,690.2700SELL 84.67
27-08-20183,678.7700BUY 85.00
13-08-20183,648.1900SELL 85.60
24-07-20183,516.2000BUY 83.08
13-07-20183,483.5200SHORT 85.05
06-07-20183,482.0800BUY 86.22
14-06-20183,771.5000SELL 86.83
07-06-20183,772.8400BUY 87.47
01-06-20183,813.0900SELL 88.09
28-05-20183,780.0500BUY 87.94
10-05-20183,830.2750SHORT 88.03
08-05-20183,837.0500BUY 89.43
26-04-20183,826.7500SHORT 90.94
17-04-20183,903.7500BUY 94.08
11-04-20183,912.1200SELL 94.74
06-04-20183,885.8000BUY 94.77
04-04-20183,827.9150SHORT 97.59
27-03-20183,840.5500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20193,590.1900SELL 62.73
14-03-20193,447.0800BUY 60.65
07-03-20193,404.1450SELL 61.08
19-02-20193,068.3800BUY 55.44
11-02-20193,110.7400SHORT 55.47
07-02-20193,204.0500BUY 57.94
05-02-20193,171.7100SHORT 59.36
31-01-20193,198.9800BUY 60.72
21-01-20193,272.6300SHORT 60.22
17-01-20193,299.3500BUY 61.57
08-01-20193,337.6000SELL 62.00
27-12-20183,356.5000BUY 62.79
21-12-20183,371.6500SELL 63.23
18-12-20183,333.7400BUY 62.96
06-12-20183,205.2800SHORT 66.52
04-12-20183,275.4100BUY 68.94
12-11-20183,400.2500SELL 69.43
01-11-20183,409.3500BUY 70.11
17-10-20183,379.8300SHORT 71.73
11-10-20183,276.0500BUY 70.51
05-10-20183,353.8500SHORT 69.89
03-10-20183,605.7300BUY 76.20
11-09-20183,608.5800SHORT 77.22
06-09-20183,637.4100BUY 78.94
04-09-20183,690.2700SELL 79.50
27-08-20183,678.7700BUY 79.81
13-08-20183,648.1900SELL 80.37
24-07-20183,516.2000BUY 78.01
13-07-20183,483.5200SHORT 79.86
06-07-20183,482.0800BUY 80.96
14-06-20183,771.5000SELL 81.53
07-06-20183,772.8400BUY 82.13
01-06-20183,813.0900SELL 82.71
28-05-20183,780.0500BUY 82.57
10-05-20183,830.2750SHORT 82.65
08-05-20183,837.0500BUY 83.97
26-04-20183,826.7500SHORT 85.39
17-04-20183,903.7500BUY 88.34
11-04-20183,912.1200SELL 88.96
06-04-20183,885.8000BUY 88.98
04-04-20183,827.9150SHORT 91.62
27-03-20183,840.5500BUY 93.22
16-03-20183,947.0300SHORT 92.06
13-03-20183,999.5200BUY 94.60
05-03-20184,034.6900SHORT 95.11
26-02-20184,086.1600BUY 97.69
29-01-20184,295.7100SHORT 94.46
23-01-20184,288.3500BUY 95.63
18-01-20184,296.9900SELL 96.30
08-01-20184,372.1500BUY 98.68
27-12-20174,344.6700SELL 99.38
22-12-20174,338.7300BUY 99.94
12-12-20174,234.4400SHORT 103.91
08-12-20174,217.3800BUY 104.96
30-11-20174,234.3500SHORT 106.02
20-11-20174,215.8200BUY 107.05
10-11-20174,292.8000SELL 107.80
29-09-20174,048.8000BUY 102.39
14-09-20174,121.0000SELL 103.11
23-08-20174,058.0500BUY 102.25
09-08-20174,070.7500SELL 102.97
31-07-20173,966.5600BUY 101.04
25-07-20173,945.8800SELL 101.75
28-06-20173,761.7000BUY 97.68
09-06-20173,962.5500SHORT 94.28
26-05-20174,033.3400BUY 97.32
18-05-20174,166.0900SELL 98.01
09-05-20174,220.9500BUY 100.00
04-05-20174,241.5000SELL 100.70
25-04-20174,211.1500BUY 100.68
18-04-20174,140.8500SELL 101.39
05-04-20174,026.9500BUY 99.30
† Trade commissions are taken as 0.70%.

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