Title
by Americanbulls.com LLC
Last Update
17-01-2019
FSL.BO
FIRSTSOURCE SOLUTIONS
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
50.4500
Change:
-2.0500
Percent change
-3.90%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 51.3250, and our valid average selling price stands now at 50.9850. The previous BUY signal was issued on 11-01-2019, 6 days ago, when the stock price was 48.0000. Since then FSL.BO has risen by +6.22%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
17-01-201950.9850SELL 86.92
11-01-201948.0000BUY 82.41
07-01-201946.6500SHORT 86.07
01-01-201947.5000BUY 88.88
27-12-201847.4000SHORT 90.33
04-12-201852.9300BUY 102.29
21-11-201852.6100SHORT 104.37
19-11-201854.1400BUY 108.92
06-11-201857.7800SHORT 103.91
30-10-201858.5200BUY 106.73
19-10-201861.3000SHORT 103.54
09-10-201856.1750BUY 96.23
18-09-201872.2800SELL 96.91
06-09-201875.3500BUY 101.74
04-09-201874.9350SELL 102.46
14-08-201865.1000BUY 89.64
07-08-201869.0000SELL 90.27
03-08-201873.1000BUY 96.31
01-08-201871.8500SELL 96.99
30-07-201873.0500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-201950.9850SELL 146.76
11-01-201948.0000BUY 139.14
07-01-201946.6500SHORT 145.31
01-01-201947.5000BUY 150.05
27-12-201847.4000SHORT 152.49
04-12-201852.9300BUY 172.69
21-11-201852.6100SHORT 176.20
19-11-201854.1400BUY 183.89
06-11-201857.7800SHORT 175.44
30-10-201858.5200BUY 180.20
19-10-201861.3000SHORT 174.82
09-10-201856.1750BUY 162.47
18-09-201872.2800SELL 163.62
06-09-201875.3500BUY 171.77
04-09-201874.9350SELL 172.98
14-08-201865.1000BUY 151.34
07-08-201869.0000SELL 152.41
03-08-201873.1000BUY 162.60
01-08-201871.8500SELL 163.75
30-07-201873.0500BUY 167.66
12-07-201872.8500SHORT 170.50
06-07-201869.6000BUY 165.20
15-06-201882.2000SELL 166.36
04-06-201876.1500BUY 155.20
31-05-201872.4500SELL 156.29
17-05-201869.8250BUY 151.69
14-05-201870.3300SELL 152.76
30-04-201860.7000BUY 132.77
25-04-201859.5000SELL 133.71
21-03-201849.9000BUY 112.93
19-03-201849.3200SELL 113.73
13-03-201849.6500BUY 115.30
07-03-201851.2100SELL 116.11
22-02-201848.6700BUY 111.13
19-02-201846.1000SELL 111.91
09-02-201840.6200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-201950.9850SELL 181.59
11-01-201948.0000BUY 172.16
07-01-201946.6500SHORT 179.80
01-01-201947.5000BUY 185.67
27-12-201847.4000SHORT 188.69
04-12-201852.9300BUY 213.69
21-11-201852.6100SHORT 218.04
19-11-201854.1400BUY 227.56
06-11-201857.7800SHORT 217.10
30-10-201858.5200BUY 222.99
19-10-201861.3000SHORT 216.33
09-10-201856.1750BUY 201.05
18-09-201872.2800SELL 202.47
06-09-201875.3500BUY 212.56
04-09-201874.9350SELL 214.06
14-08-201865.1000BUY 187.28
07-08-201869.0000SELL 188.60
03-08-201873.1000BUY 201.21
01-08-201871.8500SELL 202.63
30-07-201873.0500BUY 207.47
12-07-201872.8500SHORT 210.98
06-07-201869.6000BUY 204.42
15-06-201882.2000SELL 205.86
04-06-201876.1500BUY 192.05
31-05-201872.4500SELL 193.40
17-05-201869.8250BUY 187.71
14-05-201870.3300SELL 189.03
30-04-201860.7000BUY 164.30
25-04-201859.5000SELL 165.46
21-03-201849.9000BUY 139.74
19-03-201849.3200SELL 140.73
13-03-201849.6500BUY 142.67
07-03-201851.2100SELL 143.68
22-02-201848.6700BUY 137.52
19-02-201846.1000SELL 138.49
09-02-201840.6200BUY 122.89
16-01-201844.9000SELL 123.76
15-12-201739.3500BUY 109.23
29-11-201742.9600SELL 110.00
27-11-201743.4400BUY 112.01
23-11-201742.4600SELL 112.80
16-11-201739.1900BUY 104.85
03-11-201741.5200SELL 105.59
30-10-201741.4200BUY 106.08
16-10-201741.5500SELL 106.83
06-10-201741.9800BUY 108.70
22-09-201743.5500SELL 109.47
15-09-201740.4000BUY 102.27
12-09-201740.4800SELL 102.99
07-09-201739.8600BUY 102.13
04-09-201737.7500SELL 102.85
28-08-201733.9700BUY 93.20
02-08-201735.3100SELL 93.86
25-07-201733.1200BUY 88.66
13-07-201734.8500SELL 89.29
04-07-201734.9800BUY 90.25
22-06-201733.8500SELL 90.89
19-06-201733.7200BUY 91.18
14-06-201731.3000SHORT 100.22
12-06-201731.8500BUY 103.42
30-05-201732.7300SHORT 102.14
26-05-201733.8700BUY 107.19
02-05-201743.0100SELL 107.95
20-04-201740.4700BUY 102.29
07-04-201742.1100SELL 103.01
03-04-201742.0300BUY 103.54
28-03-201740.6700SHORT 108.64
23-03-201742.0500BUY 113.92
09-03-201743.7000SELL 114.72
01-03-201744.6000BUY 117.91
15-02-201745.8800SELL 118.74
07-02-201739.9700BUY 104.17
31-01-201740.9700SELL 104.90
19-01-201738.5100BUY 99.30
† Trade commissions are taken as 0.70%.

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