Title
by Americanbulls.com LLC
Last Update
18-09-2018
AMBIKCO.BO
AMBIKA COTTON MILLS
Last Signal: SHORT
Last Pattern: BEARISH MEETING LINE
Last Close:
1,261.4000
Change:
-6.5000
Percent change
-0.51%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,263.4500, and our valid average selling price stands now at 1,262.1500. The previous BUY signal was issued on 04-09-2018, 14 days ago, when the stock price was 1,276.9500. Since then AMBIKCO.BO has fallen by -1.16%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
18-09-20181,262.1500SHORT 84.04
04-09-20181,276.9500BUY 86.23
27-08-20181,289.1750SELL 86.84
10-08-20181,274.1000BUY 86.43
09-08-20181,255.7500SELL 87.04
03-07-20181,274.3000BUY 88.95
25-06-20181,299.0250SHORT 88.52
13-06-20181,305.2500BUY 90.20
31-05-20181,308.6500SHORT 91.24
24-05-20181,326.8500BUY 93.82
11-05-20181,388.6500SELL 94.48
03-05-20181,379.4000BUY 94.51
24-04-20181,358.6500SELL 95.18
10-04-20181,341.7500BUY 94.66
19-03-20181,298.6000SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-09-20181,262.1500SHORT 96.19
04-09-20181,276.9500BUY 98.69
27-08-20181,289.1750SELL 99.39
10-08-20181,274.1000BUY 98.92
09-08-20181,255.7500SELL 99.62
03-07-20181,274.3000BUY 101.80
25-06-20181,299.0250SHORT 101.31
13-06-20181,305.2500BUY 103.24
31-05-20181,308.6500SHORT 104.43
24-05-20181,326.8500BUY 107.38
11-05-20181,388.6500SELL 108.14
03-05-20181,379.4000BUY 108.18
24-04-20181,358.6500SELL 108.94
10-04-20181,341.7500BUY 108.34
19-03-20181,298.6000SHORT 113.65
13-03-20181,308.8500BUY 116.17
27-02-20181,349.9000SHORT 114.34
23-02-20181,344.9250BUY 115.53
17-01-20181,602.8000SELL 116.34
19-12-20171,291.6000BUY 94.41
30-11-20171,297.9500SHORT 95.28
27-11-20171,308.5500BUY 97.42
23-10-20171,319.1500SELL 98.11
16-10-20171,325.8500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-09-20181,262.1500SHORT 108.05
04-09-20181,276.9500BUY 110.86
27-08-20181,289.1750SELL 111.64
10-08-20181,274.1000BUY 111.11
09-08-20181,255.7500SELL 111.89
03-07-20181,274.3000BUY 114.34
25-06-20181,299.0250SHORT 113.79
13-06-20181,305.2500BUY 115.95
31-05-20181,308.6500SHORT 117.29
24-05-20181,326.8500BUY 120.60
11-05-20181,388.6500SELL 121.45
03-05-20181,379.4000BUY 121.49
24-04-20181,358.6500SELL 122.35
10-04-20181,341.7500BUY 121.68
19-03-20181,298.6000SHORT 127.64
13-03-20181,308.8500BUY 130.47
27-02-20181,349.9000SHORT 128.41
23-02-20181,344.9250BUY 129.75
17-01-20181,602.8000SELL 130.66
19-12-20171,291.6000BUY 106.03
30-11-20171,297.9500SHORT 107.01
27-11-20171,308.5500BUY 109.41
23-10-20171,319.1500SELL 110.18
16-10-20171,325.8500BUY 111.52
18-09-20171,333.4000SELL 112.31
13-09-20171,348.4000BUY 114.37
07-09-20171,331.8000SHORT 117.45
23-08-20171,350.5000BUY 120.78
21-08-20171,320.7500SELL 121.63
17-08-20171,341.4500BUY 124.41
08-08-20171,376.8000SELL 125.29
10-07-20171,290.5000BUY 118.26
28-06-20171,253.6500SHORT 123.57
19-06-20171,290.4500BUY 129.00
12-06-20171,293.9000SHORT 130.48
08-06-20171,303.5000BUY 133.31
02-06-20171,302.6500SHORT 135.28
25-05-20171,289.5500BUY 135.81
22-05-20171,336.2000SHORT 133.09
16-05-20171,336.4500BUY 135.00
12-05-20171,298.5500SHORT 141.03
02-05-20171,336.3500BUY 147.19
20-04-20171,384.3000SELL 148.23
15-03-20171,248.4500BUY 134.63
01-03-20171,233.4000SELL 135.58
02-02-20171,122.8500BUY 124.30
27-01-20171,159.2500SELL 125.18
23-01-20171,051.3500BUY 114.33
16-01-20171,041.5000SHORT 117.05
12-01-20171,045.1500BUY 119.12
03-01-20171,034.1000SELL 119.96
27-12-20161,027.6500BUY 120.05
14-12-20161,048.7500SELL 120.90
22-11-2016999.2500BUY 116.01
17-11-2016997.1000SELL 116.83
10-11-20161,023.2500BUY 120.74
01-11-20161,070.9250SELL 121.59
25-10-20161,000.6000BUY 114.41
21-10-2016948.5000SELL 115.22
23-09-2016811.7500BUY 99.30
† Trade commissions are taken as 0.70%.

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