Title
by Americanbulls.com LLC
Last Update
26-02-2021
INDOCOUIN.BO
INDO COUNT INDUSTRIES B
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
129.8000
Change:
-3.9000
Percent change
-2.92%
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 133.7000, and our valid average selling price stands now at 132.6000. The previous BUY signal was issued on 19-02-2021, 7 days ago, when the stock price was 122.4700. Since then INDOCOUIN.BO has risen by +8.27%.
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⇨ 
26-02-2021132.6000SELL 141.67
19-02-2021122.4700BUY 131.77
02-02-2021136.6800SHORT 121.05
28-01-2021139.2800BUY 125.10
22-01-2021144.6200SELL 125.98
13-01-2021148.8800BUY 130.60
11-01-2021143.8300SHORT 137.27
04-01-2021149.8300BUY 145.02
21-12-2020149.6200SHORT 147.28
07-12-2020163.9600BUY 163.68
29-10-2020145.3500SELL 164.83
15-10-2020127.6000BUY 145.72
07-10-2020113.1550SELL 146.75
28-09-202098.4400BUY 128.57
17-09-202095.2000SELL 129.48
04-09-202072.5000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
26-02-2021132.6000SELL 484.31
19-02-2021122.4700BUY 450.46
02-02-2021136.6800SHORT 413.81
28-01-2021139.2800BUY 427.65
22-01-2021144.6200SELL 430.66
13-01-2021148.8800BUY 446.47
11-01-2021143.8300SHORT 469.26
04-01-2021149.8300BUY 495.75
21-12-2020149.6200SHORT 503.47
07-12-2020163.9600BUY 559.53
29-10-2020145.3500SELL 563.47
15-10-2020127.6000BUY 498.15
07-10-2020113.1550SELL 501.66
28-09-202098.4400BUY 439.50
17-09-202095.2000SELL 442.60
04-09-202072.5000BUY 339.44
26-08-202076.9400SELL 341.83
19-08-202068.9600BUY 308.54
11-08-202068.5000SELL 310.72
04-08-202068.2500BUY 311.77
28-07-202066.5650SELL 313.97
21-07-202041.4000BUY 196.65
15-07-202040.8800SELL 198.04
02-07-202038.1500BUY 186.12
26-06-202038.3500SELL 187.43
18-06-202040.1500BUY 197.61
16-06-202039.6300SELL 199.00
12-06-202040.5200BUY 204.90
10-06-202038.5000SELL 206.34
28-05-202025.7000BUY 138.71
19-05-202027.2700SELL 139.69
14-05-202026.8500BUY 138.51
08-05-202025.2300SHORT 150.11
29-04-202029.1900BUY 176.13
24-04-202027.8100SELL 177.37
31-03-202023.8500BUY 153.19
28-02-202054.7700SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
26-02-2021132.6000SELL 1,229.71
19-02-2021122.4700BUY 1,143.77
02-02-2021136.6800SHORT 1,050.71
28-01-2021139.2800BUY 1,085.85
22-01-2021144.6200SELL 1,093.50
13-01-2021148.8800BUY 1,133.65
11-01-2021143.8300SHORT 1,191.53
04-01-2021149.8300BUY 1,258.80
21-12-2020149.6200SHORT 1,278.40
07-12-2020163.9600BUY 1,420.75
29-10-2020145.3500SELL 1,430.77
15-10-2020127.6000BUY 1,264.90
07-10-2020113.1550SELL 1,273.82
28-09-202098.4400BUY 1,115.98
17-09-202095.2000SELL 1,123.85
04-09-202072.5000BUY 861.91
26-08-202076.9400SELL 867.99
19-08-202068.9600BUY 783.45
11-08-202068.5000SELL 788.97
04-08-202068.2500BUY 791.63
28-07-202066.5650SELL 797.21
21-07-202041.4000BUY 499.32
15-07-202040.8800SELL 502.84
02-07-202038.1500BUY 472.57
26-06-202038.3500SELL 475.90
18-06-202040.1500BUY 501.75
16-06-202039.6300SELL 505.29
12-06-202040.5200BUY 520.28
10-06-202038.5000SELL 523.95
28-05-202025.7000BUY 352.22
19-05-202027.2700SELL 354.70
14-05-202026.8500BUY 351.70
08-05-202025.2300SHORT 381.15
29-04-202029.1900BUY 447.21
24-04-202027.8100SELL 450.36
31-03-202023.8500BUY 388.95
28-02-202054.7700SHORT 252.12
19-02-202057.6700BUY 269.23
14-02-202057.5500SELL 271.13
11-02-202050.4200BUY 239.21
21-01-202057.9700SELL 240.90
02-01-202052.5400BUY 219.87
31-12-201946.6500SHORT 255.20
23-12-201946.8500BUY 259.92
19-12-201946.3000SELL 261.75
17-12-201949.0350BUY 279.17
09-12-201948.2000SHORT 288.11
05-12-201951.0000BUY 309.16
27-11-201950.1700SHORT 318.81
25-11-201951.1800BUY 329.83
13-11-201956.5300SELL 332.16
30-10-201942.5450BUY 251.75
16-10-201942.1800SHORT 257.54
10-10-201940.4350BUY 250.38
23-09-201948.0900SELL 252.14
28-08-201941.4500BUY 218.86
19-08-201943.7700SELL 220.40
05-08-201934.2700BUY 173.78
01-08-201933.2550SELL 175.01
25-07-201931.3500BUY 166.15
23-07-201931.4900SHORT 167.75
16-07-201931.9000BUY 172.34
17-06-201935.0700SHORT 160.29
12-06-201936.2500BUY 168.03
30-05-201941.9000SELL 169.21
17-05-201938.1000BUY 154.95
23-04-201947.2100SHORT 131.72
01-04-201950.0100BUY 141.51
15-03-201960.8750SELL 142.51
07-03-201938.7400BUY 91.33
27-02-201936.3000SHORT 99.30
† Trade commissions are taken as 0.70%.

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