Title
by Americanbulls.com LLC
Last Update
20-11-2019
DUCON.BO
DUCON INFRATECHNOLOGIES
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
5.7000
Change:
+0.2000
Percent change
+3.64%
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 6.4000, and our valid average selling price stands now at 5.7000. The previous BUY signal was issued on 29-10-2019, 22 days ago, when the stock price was 4.6900. Since then DUCON.BO has risen by +21.54%.
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⇨ 
20-11-20195.7000SELL 132.96
29-10-20194.6900BUY 110.17
15-10-20194.6300SHORT 113.20
10-10-20195.2500BUY 130.17
23-09-20196.9600SELL 131.09
09-09-20195.1300BUY 97.30
21-08-20195.3500SHORT 94.78
09-08-20196.1400BUY 110.31
08-07-20197.4000SHORT 95.59
04-07-20197.8000BUY 102.18
04-06-201917.0000SELL 102.90
27-05-201916.2900BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-11-20195.7000SELL 245.42
29-10-20194.6900BUY 203.36
15-10-20194.6300SHORT 208.94
10-10-20195.2500BUY 240.27
23-09-20196.9600SELL 241.96
09-09-20195.1300BUY 179.60
21-08-20195.3500SHORT 174.95
09-08-20196.1400BUY 203.62
08-07-20197.4000SHORT 176.46
04-07-20197.8000BUY 188.63
04-06-201917.0000SELL 189.96
27-05-201916.2900BUY 183.31
23-05-201915.0300SELL 184.60
15-05-201913.5800BUY 167.97
08-05-201914.2000SELL 169.15
02-05-201914.8300BUY 177.90
26-04-201913.4100SELL 179.15
08-04-201911.9900BUY 161.31
27-03-201912.0000SELL 162.45
22-03-201911.1300BUY 151.73
11-03-201910.7900SELL 152.80
01-03-201910.1500BUY 144.75
27-02-20199.8900SHORT 150.76
21-02-201910.3300BUY 159.69
04-02-201913.6600SHORT 130.21
31-01-201911.8000BUY 114.07
18-12-201813.6800SHORT 101.71
28-11-201813.1700BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-11-20195.7000SELL 498.52
29-10-20194.6900BUY 413.08
15-10-20194.6300SHORT 424.42
10-10-20195.2500BUY 488.06
23-09-20196.9600SELL 491.50
09-09-20195.1300BUY 364.82
21-08-20195.3500SHORT 355.37
09-08-20196.1400BUY 413.61
08-07-20197.4000SHORT 358.43
04-07-20197.8000BUY 383.15
04-06-201917.0000SELL 385.85
27-05-201916.2900BUY 372.34
23-05-201915.0300SELL 374.96
15-05-201913.5800BUY 341.17
08-05-201914.2000SELL 343.58
02-05-201914.8300BUY 361.35
26-04-201913.4100SELL 363.90
08-04-201911.9900BUY 327.66
27-03-201912.0000SELL 329.97
22-03-201911.1300BUY 308.20
11-03-201910.7900SELL 310.37
01-03-201910.1500BUY 294.02
27-02-20199.8900SHORT 306.23
21-02-201910.3300BUY 324.38
04-02-201913.6600SHORT 264.49
31-01-201911.8000BUY 231.71
18-12-201813.6800SHORT 206.60
28-11-201813.1700BUY 201.71
12-11-201815.6200SELL 203.13
02-11-201814.0550BUY 184.07
22-10-201814.8500SELL 185.37
04-10-201815.1500BUY 190.45
24-08-201819.7000SELL 191.79
21-08-201820.4000BUY 200.00
13-08-201819.7500SELL 201.41
27-07-201819.1000BUY 196.15
16-07-201820.0500SHORT 189.93
04-07-201820.2400BUY 194.44
11-06-201828.8100SHORT 151.98
25-05-201829.8800BUY 159.85
17-05-201831.2000SELL 160.98
14-05-201828.7800BUY 149.54
09-05-201828.5500SHORT 152.89
07-05-201828.8800BUY 156.85
17-04-201831.7800SELL 157.96
13-04-201832.2600BUY 161.48
22-03-201831.1000SELL 162.62
12-03-201829.7500BUY 156.66
05-03-201831.3950SHORT 150.97
28-02-201831.5600BUY 153.91
16-02-201836.6200SHORT 137.14
09-02-201836.9100BUY 140.18
16-01-201853.2600SELL 141.17
10-01-201844.0300BUY 117.53
28-12-201743.8000SHORT 119.82
26-12-201741.3500BUY 114.72
14-12-201741.0800SELL 115.53
08-12-201743.2500BUY 122.49
29-11-201743.7100SELL 123.35
24-11-201734.9400BUY 99.30
† Trade commissions are taken as 0.70%.

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