Title
by Americanbulls.com LLC
Last Update
24-06-2019
ELECON.NS
ELECON ENGINEERING CO
Last Signal: STAY SHORT
Last Pattern: BULLISH PIERCING LINE
Last Close:
45.2000
Change:
-0.5500
Percent change
-1.20%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 29-05-2019, 26 days ago, when the stock price was 54.3600. Since then ELECON.NS has fallen by -16.85%.
Market Outlook
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low, with a gap down and closes more than halfway into the prior black body, leading to the formation of a strong white candlestick. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
29-05-201954.3600SHORT 133.51
20-05-201950.0500BUY 124.66
10-05-201951.6800SHORT 122.56
07-05-201956.0400BUY 134.78
22-04-201962.3600SELL 135.73
15-04-201961.5800BUY 134.98
26-03-201962.9000SELL 135.93
20-03-201964.1650BUY 139.64
11-03-201966.3000SELL 140.62
21-02-201955.3900BUY 118.31
04-02-201963.3050SHORT 106.65
30-01-201961.2000BUY 104.56
16-01-201972.0500SELL 105.30
11-01-201967.4700BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
29-05-201954.3600SHORT 233.68
20-05-201950.0500BUY 218.20
10-05-201951.6800SHORT 214.52
07-05-201956.0400BUY 235.91
22-04-201962.3600SELL 237.57
15-04-201961.5800BUY 236.25
26-03-201962.9000SELL 237.92
20-03-201964.1650BUY 244.42
11-03-201966.3000SELL 246.14
21-02-201955.3900BUY 207.09
04-02-201963.3050SHORT 186.68
30-01-201961.2000BUY 183.03
16-01-201972.0500SELL 184.32
11-01-201967.4700BUY 173.82
03-01-201967.3100SELL 175.05
13-12-201859.7300BUY 156.43
07-12-201856.9500SHORT 166.78
30-11-201857.3500BUY 170.33
28-11-201857.1300SELL 171.53
21-11-201855.7150BUY 168.46
13-11-201857.3000SELL 169.65
26-10-201850.3500BUY 150.12
17-10-201854.0600SHORT 142.47
10-10-201850.7850BUY 135.73
21-09-201861.5500SHORT 117.16
17-09-201862.4150BUY 120.49
28-08-201866.2700SELL 121.34
20-07-201857.2600BUY 105.58
12-07-201859.6200SHORT 103.00
06-07-201856.6750BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
29-05-201954.3600SHORT 417.33
20-05-201950.0500BUY 389.68
10-05-201951.6800SHORT 383.11
07-05-201956.0400BUY 421.31
22-04-201962.3600SELL 424.28
15-04-201961.5800BUY 421.93
26-03-201962.9000SELL 424.90
20-03-201964.1650BUY 436.50
11-03-201966.3000SELL 439.58
21-02-201955.3900BUY 369.83
04-02-201963.3050SHORT 333.38
30-01-201961.2000BUY 326.85
16-01-201972.0500SELL 329.15
11-01-201967.4700BUY 310.40
03-01-201967.3100SELL 312.59
13-12-201859.7300BUY 279.34
07-12-201856.9500SHORT 297.83
30-11-201857.3500BUY 304.17
28-11-201857.1300SELL 306.31
21-11-201855.7150BUY 300.83
13-11-201857.3000SELL 302.95
26-10-201850.3500BUY 268.08
17-10-201854.0600SHORT 254.41
10-10-201850.7850BUY 242.38
21-09-201861.5500SHORT 209.22
17-09-201862.4150BUY 215.16
28-08-201866.2700SELL 216.68
20-07-201857.2600BUY 188.54
12-07-201859.6200SHORT 183.93
06-07-201856.6750BUY 177.32
11-06-201865.0500SHORT 159.32
07-06-201864.8600BUY 161.10
01-06-201867.5600SHORT 157.10
28-05-201864.1000BUY 151.16
24-04-201883.9400SELL 152.23
20-04-201885.8500BUY 156.79
16-04-201883.1500SELL 157.90
03-04-201879.9800BUY 152.95
20-03-201878.0000SHORT 159.15
15-03-201882.2500BUY 170.20
07-03-201881.9500SELL 171.40
01-03-201888.7000BUY 186.83
16-02-201885.2300SHORT 197.51
12-02-201885.2400BUY 200.33
25-01-201894.7100SHORT 184.70
22-01-201892.6600BUY 183.26
12-01-2018103.0000SELL 184.55
01-01-2018104.9000BUY 189.28
27-12-2017105.5300SELL 190.61
19-12-201792.3500BUY 167.98
12-12-201794.8000SELL 169.16
16-11-201771.3500BUY 128.21
13-11-201771.7300SELL 129.11
29-09-201754.4900BUY 98.77
27-09-201753.9100SELL 99.47
22-09-201757.9500BUY 107.68
19-09-201751.9500SELL 108.44
11-09-201751.2600BUY 107.75
07-09-201750.3300SELL 108.51
31-08-201747.9900BUY 104.19
21-08-201748.5000SHORT 104.56
16-08-201747.4900BUY 103.83
02-08-201761.7000SELL 104.56
24-07-201760.5500BUY 103.33
12-07-201760.6500SELL 104.06
03-07-201757.4700BUY 99.30
† Trade commissions are taken as 0.70%.

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