Title
by Americanbulls.com LLC
Last Update
18-04-2019
OMDC.BO
ORISSA MINERALS DEVELOPMENT
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
907.7000
Change:
-21.9500
Percent change
-2.36%
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 929.6500, and our valid average selling price stands now at 924.7300. The previous BUY signal was issued on 28-03-2019, 21 days ago, when the stock price was 852.5000. Since then OMDC.BO has risen by +8.47%.
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⇨ 
18-04-2019924.7300SELL 213.97
28-03-2019852.5000BUY 198.65
22-03-2019875.5000SELL 200.05
19-03-2019879.9700BUY 202.49
11-03-2019911.0000SELL 203.92
19-02-2019722.7000BUY 162.91
03-01-2019961.2900SELL 164.06
31-12-2018966.0000BUY 166.03
19-12-2018948.5200SELL 167.20
12-12-2018733.6600BUY 130.24
26-11-2018855.7600SELL 131.16
31-10-2018643.3700BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-04-2019924.7300SELL 397.98
28-03-2019852.5000BUY 369.48
22-03-2019875.5000SELL 372.08
19-03-2019879.9700BUY 376.62
11-03-2019911.0000SELL 379.27
19-02-2019722.7000BUY 303.00
03-01-2019961.2900SELL 305.14
31-12-2018966.0000BUY 308.80
19-12-2018948.5200SELL 310.98
12-12-2018733.6600BUY 242.23
26-11-2018855.7600SELL 243.94
31-10-2018643.3700BUY 184.69
16-10-2018716.8550SHORT 169.89
11-10-2018717.5200BUY 172.45
04-09-2018940.0800SHORT 141.41
17-08-2018919.6700BUY 140.30
01-08-20181,008.8000SHORT 130.73
24-07-2018919.0200BUY 120.78
16-07-20181,032.6500SHORT 110.35
10-07-20181,116.1000BUY 120.95
18-06-20181,334.4850SHORT 105.41
07-06-20181,350.7500BUY 108.20
14-05-20181,577.9200SHORT 95.92
09-05-20181,610.7500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-04-2019924.7300SELL 406.04
28-03-2019852.5000BUY 376.96
22-03-2019875.5000SELL 379.62
19-03-2019879.9700BUY 384.25
11-03-2019911.0000SELL 386.96
19-02-2019722.7000BUY 309.14
03-01-2019961.2900SELL 311.32
31-12-2018966.0000BUY 315.05
19-12-2018948.5200SELL 317.27
12-12-2018733.6600BUY 247.13
26-11-2018855.7600SELL 248.87
31-10-2018643.3700BUY 188.42
16-10-2018716.8550SHORT 173.32
11-10-2018717.5200BUY 175.94
04-09-2018940.0800SHORT 144.27
17-08-2018919.6700BUY 143.13
01-08-20181,008.8000SHORT 133.37
24-07-2018919.0200BUY 123.22
16-07-20181,032.6500SHORT 112.58
10-07-20181,116.1000BUY 123.40
18-06-20181,334.4850SHORT 107.55
07-06-20181,350.7500BUY 110.40
14-05-20181,577.9200SHORT 97.87
09-05-20181,610.7500BUY 101.32
20-04-20181,730.5900SELL 102.03
17-04-20181,725.4000BUY 102.44
11-04-20181,593.5100SHORT 113.26
03-04-20181,590.8000BUY 114.67
09-01-20182,027.2500SELL 115.48
22-12-20171,960.0000BUY 112.44
05-12-20172,041.1500SELL 113.23
01-11-20171,886.8900BUY 105.41
30-10-20171,856.2150SELL 106.15
24-10-20171,770.7500BUY 101.98
10-10-20171,748.4300SHORT 104.76
06-10-20171,753.9800BUY 106.58
21-09-20171,833.8100SELL 107.33
19-09-20171,857.7700BUY 109.50
15-09-20171,820.3900SELL 110.27
11-09-20171,848.8000BUY 112.78
04-09-20171,846.2800SELL 113.58
24-08-20171,667.1600BUY 103.28
20-07-20172,014.4300SELL 104.01
11-07-20171,991.4500BUY 103.55
06-07-20171,953.8500SELL 104.28
04-07-20171,919.8100BUY 103.19
14-06-20171,965.1600SELL 103.92
08-06-20171,922.8550BUY 102.40
05-05-20172,085.4600SHORT 96.34
03-05-20172,119.5000BUY 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.