by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
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 269.5500, and our valid average selling price stands now at 267.8100. The previous BUY signal was issued on 20-02-2019, 30 days ago, when the stock price was 216.9400. Since then INDIANB.BO has risen by +23.45%.
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
22-03-2019267.8100SELL 82.77
20-02-2019216.9400BUY 67.52
18-02-2019210.9800SHORT 70.47
14-02-2019218.0000BUY 73.85
11-02-2019212.0700SHORT 77.05
07-02-2019218.4000BUY 80.47
28-01-2019233.4600SELL 81.04
24-01-2019250.5600BUY 87.59
18-01-2019249.9600SELL 88.21
11-01-2019253.0500BUY 89.93
03-01-2019245.3000SELL 90.56
28-12-2018242.7500BUY 90.25
21-12-2018239.5500SELL 90.89
19-12-2018248.4300BUY 94.92
17-12-2018238.1900SELL 95.59
11-12-2018219.7250BUY 88.80
05-12-2018222.5000SHORT 88.95
30-11-2018225.9000BUY 91.59
09-11-2018255.0450SELL 92.24
29-10-2018238.0800BUY 86.71
19-10-2018223.8100SHORT 93.93
16-10-2018239.5200BUY 101.95
05-10-2018243.4300SHORT 101.76
01-10-2018234.2400BUY 99.30
† Trade commissions are taken as 0.70%.
22-03-2019267.8100SELL 118.48
20-02-2019216.9400BUY 96.65
18-02-2019210.9800SHORT 100.87
14-02-2019218.0000BUY 105.70
11-02-2019212.0700SHORT 110.28
07-02-2019218.4000BUY 115.18
28-01-2019233.4600SELL 115.99
24-01-2019250.5600BUY 125.36
18-01-2019249.9600SELL 126.24
11-01-2019253.0500BUY 128.70
03-01-2019245.3000SELL 129.61
28-12-2018242.7500BUY 129.17
21-12-2018239.5500SELL 130.08
19-12-2018248.4300BUY 135.85
17-12-2018238.1900SELL 136.81
11-12-2018219.7250BUY 127.09
05-12-2018222.5000SHORT 127.30
30-11-2018225.9000BUY 131.07
09-11-2018255.0450SELL 131.99
29-10-2018238.0800BUY 124.08
19-10-2018223.8100SHORT 134.40
16-10-2018239.5200BUY 145.87
05-10-2018243.4300SHORT 145.60
01-10-2018234.2400BUY 142.09
03-09-2018328.7000SHORT 111.93
30-08-2018333.2500BUY 115.08
16-08-2018337.7500SELL 115.89
03-08-2018360.2500BUY 124.48
01-08-2018355.8500SELL 125.36
25-07-2018327.2400BUY 116.09
13-07-2018342.3100SHORT 112.77
06-07-2018340.2800BUY 113.69
21-06-2018348.7600SELL 114.49
07-06-2018350.0500BUY 115.72
05-06-2018332.6750SELL 116.54
21-05-2018305.0600BUY 107.62
14-05-2018313.5500SELL 108.38
26-04-2018310.9800BUY 108.25
18-04-2018316.9400SELL 109.01
26-03-2018286.6750BUY 99.30
† Trade commissions are taken as 0.70%.
22-03-2019267.8100SELL 231.38
20-02-2019216.9400BUY 188.75
18-02-2019210.9800SHORT 196.99
14-02-2019218.0000BUY 206.42
11-02-2019212.0700SHORT 215.36
07-02-2019218.4000BUY 224.93
28-01-2019233.4600SELL 226.52
24-01-2019250.5600BUY 244.83
18-01-2019249.9600SELL 246.56
11-01-2019253.0500BUY 251.37
03-01-2019245.3000SELL 253.14
28-12-2018242.7500BUY 252.27
21-12-2018239.5500SELL 254.05
19-12-2018248.4300BUY 265.33
17-12-2018238.1900SELL 267.20
11-12-2018219.7250BUY 248.22
05-12-2018222.5000SHORT 248.63
30-11-2018225.9000BUY 256.00
09-11-2018255.0450SELL 257.80
29-10-2018238.0800BUY 242.35
19-10-2018223.8100SHORT 262.52
16-10-2018239.5200BUY 284.92
05-10-2018243.4300SHORT 284.38
01-10-2018234.2400BUY 277.52
03-09-2018328.7000SHORT 218.62
30-08-2018333.2500BUY 224.78
16-08-2018337.7500SELL 226.36
03-08-2018360.2500BUY 243.14
01-08-2018355.8500SELL 244.85
25-07-2018327.2400BUY 226.75
13-07-2018342.3100SHORT 220.26
06-07-2018340.2800BUY 222.05
21-06-2018348.7600SELL 223.62
07-06-2018350.0500BUY 226.03
05-06-2018332.6750SELL 227.62
21-05-2018305.0600BUY 210.20
14-05-2018313.5500SELL 211.68
26-04-2018310.9800BUY 211.42
18-04-2018316.9400SELL 212.91
26-03-2018286.6750BUY 193.94
19-03-2018301.9900SHORT 187.19
13-03-2018285.3200BUY 179.36
05-03-2018309.9700SHORT 168.50
28-02-2018329.8900BUY 181.87
16-02-2018345.4000SHORT 176.52
08-02-2018340.3500BUY 176.40
29-01-2018375.1300SELL 177.64
12-01-2018374.8450BUY 178.76
26-12-2017388.7600SELL 180.02
18-12-2017386.1400BUY 180.07
14-12-2017373.8600SHORT 188.82
11-12-2017387.0000BUY 198.22
21-11-2017410.0800SELL 199.62
09-11-2017376.9100BUY 184.77
07-11-2017362.1000SELL 186.07
24-10-2017267.5800BUY 138.47
18-10-2017268.2800SELL 139.45
04-10-2017263.9700BUY 138.18
26-07-2017314.9050SELL 139.15
10-07-2017304.9300BUY 135.69
19-05-2017344.6000SELL 136.65
21-04-2017260.9000BUY 104.19
07-04-2017279.2000SELL 104.92
24-03-2017262.4000BUY 99.30
† Trade commissions are taken as 0.70%.


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