Title
by Americanbulls.com LLC
Last Update
23-08-2019
ELECTHERM.NS
ELECTROTHERM INDIA
Last Signal: BUY
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
126.2000
Change:
+6.0000
Percent change
+4.99%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 125.0500, and our valid average buying price stands now at 126.2000. The previous SHORT signal was issued on 25-07-2019, 29 days ago, when the stock price was 191.6500. Since then ELECTHERM.NS has fallen by -34.15%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
23-08-2019126.2000BUY 246.08
25-07-2019191.6500SHORT 186.03
23-07-2019196.8300BUY 193.76
08-07-2019237.3100SHORT 167.87
03-07-2019244.3200BUY 175.27
28-06-2019243.6400SHORT 178.25
21-06-2019252.2300BUY 187.15
29-05-2019354.8500SELL 188.47
02-05-2019273.2600BUY 146.16
22-04-2019282.4100SELL 147.19
11-04-2019195.1700BUY 102.44
04-04-2019182.0200SELL 103.16
28-03-2019182.7000BUY 104.28
22-03-2019190.3600SELL 105.02
19-03-2019199.4000BUY 110.78
13-03-2019194.2100SELL 111.56
05-03-2019171.6500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
23-08-2019126.2000BUY 248.50
25-07-2019191.6500SHORT 187.86
23-07-2019196.8300BUY 195.67
08-07-2019237.3100SHORT 169.52
03-07-2019244.3200BUY 177.00
28-06-2019243.6400SHORT 180.01
21-06-2019252.2300BUY 188.99
29-05-2019354.8500SELL 190.32
02-05-2019273.2600BUY 147.59
22-04-2019282.4100SELL 148.63
11-04-2019195.1700BUY 103.44
04-04-2019182.0200SELL 104.17
28-03-2019182.7000BUY 105.30
22-03-2019190.3600SELL 106.04
19-03-2019199.4000BUY 111.86
13-03-2019194.2100SELL 112.65
05-03-2019171.6500BUY 100.27
26-02-2019163.5500SELL 100.98
21-02-2019160.9550BUY 100.08
19-02-2019160.9500SELL 100.79
14-02-2019148.4900BUY 93.64
06-02-2019138.6500SHORT 102.22
31-01-2019148.6200BUY 111.12
29-01-2019143.1900SHORT 117.13
25-01-2019146.4000BUY 121.45
23-01-2019147.8000SHORT 122.01
17-01-2019153.1500BUY 128.21
21-12-2018155.2000SHORT 128.33
12-12-2018154.0100BUY 129.15
28-11-2018161.4000SELL 130.06
31-10-2018148.4800BUY 120.49
17-10-2018153.6200SHORT 118.24
10-10-2018141.4700BUY 110.43
21-09-2018175.2900SELL 111.21
14-09-2018191.4500BUY 122.32
28-08-2018192.9000SELL 123.18
24-08-2018154.4200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
23-08-2019126.2000BUY 396.69
25-07-2019191.6500SHORT 299.89
23-07-2019196.8300BUY 312.35
08-07-2019237.3100SHORT 270.61
03-07-2019244.3200BUY 282.55
28-06-2019243.6400SHORT 287.35
21-06-2019252.2300BUY 301.69
29-05-2019354.8500SELL 303.82
02-05-2019273.2600BUY 235.61
22-04-2019282.4100SELL 237.27
11-04-2019195.1700BUY 165.13
04-04-2019182.0200SELL 166.29
28-03-2019182.7000BUY 168.09
22-03-2019190.3600SELL 169.27
19-03-2019199.4000BUY 178.56
13-03-2019194.2100SELL 179.82
05-03-2019171.6500BUY 160.05
26-02-2019163.5500SELL 161.18
21-02-2019160.9550BUY 159.74
19-02-2019160.9500SELL 160.87
14-02-2019148.4900BUY 149.46
06-02-2019138.6500SHORT 163.15
31-01-2019148.6200BUY 177.36
29-01-2019143.1900SHORT 186.96
25-01-2019146.4000BUY 193.86
23-01-2019147.8000SHORT 194.76
17-01-2019153.1500BUY 204.67
21-12-2018155.2000SHORT 204.86
12-12-2018154.0100BUY 206.17
28-11-2018161.4000SELL 207.62
31-10-2018148.4800BUY 192.35
17-10-2018153.6200SHORT 188.76
10-10-2018141.4700BUY 176.29
21-09-2018175.2900SELL 177.53
14-09-2018191.4500BUY 195.26
28-08-2018192.9000SELL 196.64
24-08-2018154.4200BUY 158.52
16-08-2018164.3600SELL 159.64
06-08-2018148.8700BUY 145.61
24-07-2018146.3000SHORT 150.31
10-07-2018144.9050BUY 150.98
13-06-2018151.8000SHORT 146.46
07-06-2018149.3500BUY 146.13
04-06-2018158.3000SELL 147.16
23-05-2018159.8800BUY 149.68
10-05-2018160.1350SHORT 151.56
08-05-2018160.8900BUY 154.43
23-04-2018161.9100SELL 155.52
02-04-2018134.0600BUY 129.68
19-03-2018144.8600SHORT 122.39
13-03-2018139.8200BUY 119.80
08-03-2018146.7700SHORT 116.00
05-03-2018153.9200BUY 123.37
14-02-2018160.3500SELL 124.24
08-02-2018155.2100BUY 121.11
01-02-2018159.0500SHORT 119.93
29-01-2018163.4200BUY 124.97
19-01-2018162.8500SELL 125.85
17-01-2018167.4800BUY 130.34
12-01-2018162.3600SELL 131.26
04-01-2018161.6300BUY 131.59
26-12-2017176.9600SELL 132.52
19-12-2017141.4200BUY 106.65
08-12-2017162.7600SHORT 95.62
27-11-2017175.7100BUY 104.69
12-10-2017230.6900SELL 105.43
03-10-2017230.2500BUY 105.97
22-09-2017238.0600SELL 106.72
18-09-2017226.2200BUY 102.13
07-09-2017237.5700SELL 102.85
28-08-2017219.4100BUY 95.66
23-08-2017214.4800SHORT 99.30
† Trade commissions are taken as 0.70%.

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