CRANEX.BO (BSE)

CRANEX.BO BSE

Cranex

SHORT

157.00

Prev.Close

162.90

Change

-5.9000

Change%

-3.62%

BEARISH TWO CROWS

Sold at

160.37

Open

162.00

High

162.00

Low

155.35

157.00

Gain%

-2.10%

Signal History

Date	Price	Signal	Change%		INR100⇨
15-10	160.37	SHORT	-2.1%		244
08-10	158.00	BUY	+1.5%	✔	244
04-10	163.01	SHORT	-3.1%	✔	240
01-10	158.23	BUY	+3.0%	✔	236
17-09	175.28	SELL	-9.7%	✔	238
21-08	86.72	BUY	+102.1%	✔ 👍	119
12-08	93.50	SHORT	-7.3%	✔	112
26-07	89.78	BUY	+4.1%	✔	109
02-07	109.80	SELL	-18.2%	✔	110
27-06	110.47	BUY	-0.6%	❌	111
24-06	111.61	SELL	-1.0%	✔	112
31-05	91.60	BUY	+21.8%	✔ 👍	93
23-05	89.50	SHORT	+2.3%	❌	96
18-05	91.00	BUY	-1.6%	❌	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to SHORT. The BEARISH TWO CROWS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 162.90, and our valid average selling price stands now at 160.37. The previous BUY signal was issued on 08-10-2024, 7 days ago, when the stock price was 158.00. Since then CRANEX.BO has risen by +1.50%.

Market Outlook

The bears have strong evidence and this evidence prompts us to make a bearish bet. 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 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.

Pattern Description

This pattern is a made up of three candlesticks. The black candlesticks of the second and third day represent the two crows that perched on the first white candlestick. more...

Date	Price	Signal	Change%		INR100⇨
15-10	160.37	SHORT	-2.1%		1,392
08-10	158.00	BUY	+1.5%	✔	1,391
04-10	163.01	SHORT	-3.1%	✔	1,369
01-10	158.23	BUY	+3.0%	✔	1,347
17-09	175.28	SELL	-9.7%	✔	1,357
21-08	86.72	BUY	+102.1%	✔ 👍	676
12-08	93.50	SHORT	-7.3%	✔	639
26-07	89.78	BUY	+4.1%	✔	622
02-07	109.80	SELL	-18.2%	✔	627
27-06	110.47	BUY	-0.6%	❌	635
24-06	111.61	SELL	-1.0%	✔	640
31-05	91.60	BUY	+21.8%	✔ 👍	529
23-05	89.50	SHORT	+2.3%	❌	549
18-05	91.00	BUY	-1.6%	❌	566
23-04	114.76	SELL	-20.7%	✔	570
12-04	74.38	BUY	+54.3%	✔ 👍	372
09-04	74.13	SELL	+0.3%	❌	375
15-03	53.26	BUY	+39.2%	✔ 👍	271
05-03	59.10	SHORT	-9.9%	✔	250
20-02	51.99	BUY	+13.7%	✔ 👍	223
12-01	58.51	SELL	-11.1%	✔	225
02-01	53.35	BUY	+9.7%	✔	206
12-12	56.65	SHORT	-5.8%	✔	198
08-12	58.03	BUY	-2.4%	❌	206
23-11	58.49	SELL	-0.8%	✔	207
10-11	40.09	BUY	+45.9%	✔ 👍	143
20-10	38.57	SELL	+3.9%	❌	144
13-10	39.41	BUY	-2.1%	❌	148
09-10	38.05	SHORT	+3.6%	❌	156
03-10	37.97	BUY	+0.2%	✔	158
04-09	41.00	SHORT	-7.4%	✔	149
30-08	42.97	BUY	-4.6%	❌	158
23-08	43.18	SHORT	-0.5%	✔	160
18-08	42.66	BUY	+1.2%	✔	160
09-08	46.89	SELL	-9.0%	✔	161
01-08	38.37	BUY	+22.2%	✔ 👍	133
27-07	31.57	SELL	+21.5%	❌	134
19-07	29.31	BUY	+7.7%	✔	125
11-07	29.25	SHORT	+0.2%	❌	127
30-06	32.01	BUY	-8.6%	❌	141