by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 46.3000, and our valid average selling price stands now at 45.8400. The previous BUY signal was issued on 15-09-2020, 10 days ago, when the stock price was 38.6800. Since then ASHOKALC.BO has risen by +18.51%.
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
25-09-202045.8400SELL 261.64
15-09-202038.6800BUY 222.33
28-08-202042.8850SELL 223.90
24-08-202032.2900BUY 169.77
19-08-202023.0000SELL 170.97
07-08-202020.7000BUY 154.96
17-07-202022.2300SHORT 147.03
10-07-202022.7500BUY 152.60
23-06-202023.0000SHORT 153.09
18-06-202022.9700BUY 155.05
09-06-202023.6100SELL 156.14
01-06-202022.2200BUY 147.98
29-04-202024.8000SELL 149.02
27-03-202016.4100BUY 99.30
† Trade commissions are taken as 0.70%.
25-09-202045.8400SELL 266.63
15-09-202038.6800BUY 226.57
28-08-202042.8850SELL 228.17
24-08-202032.2900BUY 173.01
19-08-202023.0000SELL 174.23
07-08-202020.7000BUY 157.91
17-07-202022.2300SHORT 149.83
10-07-202022.7500BUY 155.50
23-06-202023.0000SHORT 156.00
18-06-202022.9700BUY 158.00
09-06-202023.6100SELL 159.11
01-06-202022.2200BUY 150.80
29-04-202024.8000SELL 151.86
27-03-202016.4100BUY 101.19
11-03-202018.7200SHORT 91.35
02-03-202021.9700BUY 108.73
04-02-202024.6000SHORT 99.62
27-12-201924.6900BUY 101.40
24-12-201924.2500SHORT 104.74
12-12-201924.3900BUY 106.84
14-11-201927.9200SELL 107.59
07-11-201928.0500BUY 108.85
30-10-201925.7550SELL 109.62
18-10-201924.8650BUY 106.58
14-10-201925.5800SELL 107.33
07-10-201923.5000BUY 99.30
† Trade commissions are taken as 0.70%.
25-09-202045.8400SELL 259.99
15-09-202038.6800BUY 220.93
28-08-202042.8850SELL 222.49
24-08-202032.2900BUY 168.70
19-08-202023.0000SELL 169.89
07-08-202020.7000BUY 153.98
17-07-202022.2300SHORT 146.10
10-07-202022.7500BUY 151.63
23-06-202023.0000SHORT 152.12
18-06-202022.9700BUY 154.07
09-06-202023.6100SELL 155.16
01-06-202022.2200BUY 147.05
29-04-202024.8000SELL 148.09
27-03-202016.4100BUY 98.68
11-03-202018.7200SHORT 89.08
02-03-202021.9700BUY 106.03
04-02-202024.6000SHORT 97.14
27-12-201924.6900BUY 98.87
24-12-201924.2500SHORT 102.12
12-12-201924.3900BUY 104.16
14-11-201927.9200SELL 104.89
07-11-201928.0500BUY 106.12
30-10-201925.7550SELL 106.87
18-10-201924.8650BUY 103.90
14-10-201925.5800SELL 104.63
07-10-201923.5000BUY 96.80
26-09-201923.7500SELL 97.48
12-09-201922.6700BUY 93.70
05-09-201920.3300SELL 94.36
26-08-201920.8250BUY 97.34
22-07-201930.7400SHORT 74.64
16-07-201932.9000BUY 81.01
08-07-201932.9400SHORT 82.06
28-06-201936.2500BUY 91.58
18-06-201938.1200SHORT 88.53
13-06-201942.4550BUY 99.99
04-06-201944.7000SHORT 96.56
29-05-201947.8800BUY 104.89
13-05-201949.5000SHORT 103.00
02-05-201951.9000BUY 109.52
16-04-201953.8100SHORT 107.26
11-04-201954.9500BUY 111.08
28-03-201954.0250SELL 111.86
26-03-201956.7250BUY 118.28
14-03-201958.4100SELL 119.11
21-02-201948.1500BUY 98.88
29-01-201953.4600SHORT 91.22
09-01-201958.8450BUY 101.83
27-12-201860.9100SHORT 99.88
18-12-201863.1700BUY 105.05
30-10-201894.2500SELL 105.79
12-10-201887.8500BUY 99.30
† Trade commissions are taken as 0.70%.


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