Title
by Americanbulls.com LLC
Last Update
17-01-2019
JSL.NS
JINDAL STAINLESS
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
32.2500
Change:
-0.7500
Percent change
-2.27%
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 32.6500, and our valid average selling price stands now at 32.4100. The previous BUY signal was issued on 11-01-2019, 6 days ago, when the stock price was 33.1000. Since then JSL.NS has fallen by -2.08%.
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⇨ 
17-01-201932.4100SELL 145.94
11-01-201933.1000BUY 150.10
03-01-201933.4500SELL 151.16
28-12-201833.0000BUY 150.18
24-12-201832.5000SHORT 154.68
12-12-201832.6400BUY 157.54
01-11-201852.1500SHORT 116.27
29-10-201852.5450BUY 118.81
17-10-201855.8300SHORT 113.80
15-10-201854.7900BUY 113.26
19-09-201865.5200SELL 114.06
10-09-201865.5700BUY 114.95
04-09-201866.8100SELL 115.76
28-08-201862.6000BUY 109.23
09-08-201864.8950SELL 110.00
03-08-201858.1700BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-201932.4100SELL 239.31
11-01-201933.1000BUY 246.13
03-01-201933.4500SELL 247.87
28-12-201833.0000BUY 246.26
24-12-201832.5000SHORT 253.65
12-12-201832.6400BUY 258.35
01-11-201852.1500SHORT 190.67
29-10-201852.5450BUY 194.83
17-10-201855.8300SHORT 186.61
15-10-201854.7900BUY 185.72
19-09-201865.5200SELL 187.03
10-09-201865.5700BUY 188.49
04-09-201866.8100SELL 189.82
28-08-201862.6000BUY 179.11
09-08-201864.8950SELL 180.37
03-08-201858.1700BUY 162.82
16-07-201862.8900SHORT 153.60
09-07-201861.6500BUY 152.70
01-06-201883.6800SELL 153.78
28-05-201883.7800BUY 155.05
24-04-2018104.5500SELL 156.14
28-03-201878.5500BUY 118.14
19-03-201889.8050SHORT 106.47
15-03-201888.3000BUY 106.17
28-02-2018101.7400SHORT 95.11
23-02-2018101.6400BUY 96.36
16-02-2018113.3000SELL 97.04
12-02-2018113.7700BUY 98.13
25-01-2018117.7200SELL 98.82
23-01-2018117.4600BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-201932.4100SELL 372.48
11-01-201933.1000BUY 383.09
03-01-201933.4500SELL 385.79
28-12-201833.0000BUY 383.28
24-12-201832.5000SHORT 394.78
12-12-201832.6400BUY 402.09
01-11-201852.1500SHORT 296.76
29-10-201852.5450BUY 303.24
17-10-201855.8300SHORT 290.44
15-10-201854.7900BUY 289.06
19-09-201865.5200SELL 291.10
10-09-201865.5700BUY 293.38
04-09-201866.8100SELL 295.45
28-08-201862.6000BUY 278.78
09-08-201864.8950SELL 280.75
03-08-201858.1700BUY 253.43
16-07-201862.8900SHORT 239.07
09-07-201861.6500BUY 237.67
01-06-201883.6800SELL 239.35
28-05-201883.7800BUY 241.33
24-04-2018104.5500SELL 243.03
28-03-201878.5500BUY 183.88
19-03-201889.8050SHORT 165.71
15-03-201888.3000BUY 165.24
28-02-2018101.7400SHORT 148.02
23-02-2018101.6400BUY 149.97
16-02-2018113.3000SELL 151.03
12-02-2018113.7700BUY 152.73
25-01-2018117.7200SELL 153.81
23-01-2018117.4600BUY 154.55
10-01-2018123.5000SELL 155.64
02-01-2018106.7900BUY 135.53
28-12-2017107.4900SELL 136.49
19-12-2017101.7000BUY 130.05
04-12-2017108.0500SHORT 124.57
27-11-2017109.7500BUY 128.32
16-11-2017107.9500SHORT 132.34
14-11-2017114.2800BUY 142.08
06-11-2017114.9700SELL 143.08
24-10-2017116.8700BUY 146.47
17-10-2017113.3500SHORT 153.30
12-10-2017113.1000BUY 155.13
22-09-2017116.2400SELL 156.22
01-09-201797.2700BUY 131.65
29-08-201793.6700SELL 132.58
23-08-201787.5000BUY 124.72
18-08-201782.6500SHORT 134.37
16-08-201781.6200BUY 134.57
03-08-201787.8650SELL 135.52
31-07-201787.2700BUY 135.55
25-07-201786.2300SELL 136.51
21-07-201787.5700BUY 139.61
17-07-201777.5000SELL 140.59
10-07-201774.7700BUY 136.59
04-07-201771.1000SHORT 146.06
29-06-201772.2000BUY 150.42
21-06-201774.1200SELL 151.48
01-06-201772.8100BUY 149.85
30-05-201770.3900SHORT 157.38
26-05-201771.5500BUY 162.24
23-05-201772.1900SHORT 163.09
10-05-201771.9500BUY 164.85
12-04-201779.1200SELL 166.01
05-04-201778.4000BUY 165.66
29-03-201771.5400SELL 166.83
24-03-201772.5100BUY 170.28
17-03-201775.6750SELL 171.48
28-02-201755.9300BUY 127.63
22-02-201752.0050SELL 128.53
17-02-201751.0400BUY 127.03
10-02-201752.7800SELL 127.93
25-01-201742.0300BUY 102.59
20-01-201741.3950SELL 103.31
18-01-201739.5100BUY 99.30
† Trade commissions are taken as 0.70%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hindustanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hindustanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Hindustanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Hindustanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.