Title
by Americanbulls.com LLC
Last Update
17-01-2019
NITINFIRE.NS
NITIN FIRE PROTECTION INDUSTRIES
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
1.7500
Change:
-0.0500
Percent change
-2.78%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.8000, and our valid average selling price stands now at 1.7800. The previous BUY signal was issued on 11-01-2019, 6 days ago, when the stock price was 1.7950. Since then NITINFIRE.NS has fallen by -0.84%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. 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⇨ 
17-01-20191.7800SHORT 108.63
11-01-20191.7950BUY 111.10
09-01-20191.7800SHORT 113.63
27-12-20181.8200BUY 117.83
05-12-20181.9800SHORT 110.56
28-11-20182.0700BUY 117.22
20-11-20182.4800SELL 118.05
31-10-20181.7200BUY 82.45
29-10-20181.6800SHORT 85.66
22-10-20182.2700BUY 117.38
28-09-20182.4800SHORT 109.75
25-09-20182.6800BUY 120.28
21-08-20183.6600SELL 121.13
13-08-20182.9800BUY 99.32
09-08-20182.8200SELL 100.02
31-07-20182.7800BUY 99.30
20-07-20182.8200SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-20191.7800SHORT 153.80
11-01-20191.7950BUY 157.29
09-01-20191.7800SHORT 160.87
27-12-20181.8200BUY 166.81
05-12-20181.9800SHORT 156.52
28-11-20182.0700BUY 165.95
20-11-20182.4800SELL 167.12
31-10-20181.7200BUY 116.72
29-10-20181.6800SHORT 121.26
22-10-20182.2700BUY 166.16
28-09-20182.4800SHORT 155.36
25-09-20182.6800BUY 170.26
21-08-20183.6600SELL 171.46
13-08-20182.9800BUY 140.59
09-08-20182.8200SELL 141.58
31-07-20182.7800BUY 140.56
20-07-20182.8200SHORT 140.56
10-07-20182.9050BUY 146.85
25-06-20183.1200SHORT 139.33
15-06-20183.1300BUY 141.75
28-05-20184.0100SELL 142.75
22-05-20183.9400BUY 141.25
16-04-20185.0000SELL 142.25
02-04-20184.2900BUY 122.91
06-03-20185.3500SHORT 104.04
26-02-20185.7250BUY 112.91
14-02-20186.4000SHORT 103.58
09-02-20186.0500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-01-20191.7800SHORT 197.54
11-01-20191.7950BUY 202.02
09-01-20191.7800SHORT 206.62
27-12-20181.8200BUY 214.25
05-12-20181.9800SHORT 201.04
28-11-20182.0700BUY 213.15
20-11-20182.4800SELL 214.65
31-10-20181.7200BUY 149.92
29-10-20181.6800SHORT 155.75
22-10-20182.2700BUY 213.42
28-09-20182.4800SHORT 199.54
25-09-20182.6800BUY 218.68
21-08-20183.6600SELL 220.22
13-08-20182.9800BUY 180.57
09-08-20182.8200SELL 181.84
31-07-20182.7800BUY 180.52
20-07-20182.8200SHORT 180.51
10-07-20182.9050BUY 188.58
25-06-20183.1200SHORT 178.92
15-06-20183.1300BUY 182.03
28-05-20184.0100SELL 183.31
22-05-20183.9400BUY 181.38
16-04-20185.0000SELL 182.66
02-04-20184.2900BUY 157.83
06-03-20185.3500SHORT 133.59
26-02-20185.7250BUY 144.98
14-02-20186.4000SHORT 133.00
09-02-20186.0500BUY 127.51
09-01-20189.2050SELL 128.41
04-01-20187.7000BUY 108.17
26-09-20178.0500QUIT 108.93
11-07-20178.7400SHORT 101.67
07-07-20179.1500BUY 107.95
21-06-201710.6300SHORT 96.10
16-06-201710.7700BUY 98.74
26-04-201724.0300SELL 99.44
19-04-201723.9500BUY 99.81
07-04-201725.4200SELL 100.51
30-03-201722.2000BUY 88.40
27-03-201722.4900SHORT 88.51
21-03-201723.7100BUY 94.63
13-02-201730.8800SELL 95.30
08-02-201731.9500BUY 99.30
† Trade commissions are taken as 0.70%.

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