Title
by Americanbulls.com LLC
Last Update
12-08-2020
ORIENTELEC.NS
ORIENT ELECTRIC
Last Signal: BUY
Last Pattern: BULLISH HARAMI CROSS
Last Close:
178.6500
Change:
+2.6000
Percent change
+1.48%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 176.5750, and our valid average buying price stands now at 177.7250. The previous SHORT signal was issued on 30-07-2020, 13 days ago, when the stock price was 176.0550. Since then ORIENTELEC.NS has risen by +0.95%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020177.7250BUY 110.54
30-07-2020176.0550SHORT 113.18
17-07-2020179.9500BUY 117.32
08-07-2020179.0400SHORT 119.59
19-06-2020182.5550BUY 123.66
15-06-2020177.9500SELL 124.53
27-05-2020167.8500BUY 118.29
05-05-2020177.1900SELL 119.12
23-04-2020185.8600BUY 125.83
21-04-2020188.7500SELL 126.72
17-04-2020185.9800BUY 125.74
03-04-2020183.8900SHORT 128.98
26-03-2020175.5350BUY 124.86
04-03-2020258.2400SHORT 95.91
27-02-2020263.6400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020177.7250BUY 184.10
30-07-2020176.0550SHORT 188.49
17-07-2020179.9500BUY 195.39
08-07-2020179.0400SHORT 199.17
19-06-2020182.5550BUY 205.95
15-06-2020177.9500SELL 207.40
27-05-2020167.8500BUY 197.01
05-05-2020177.1900SELL 198.40
23-04-2020185.8600BUY 209.58
21-04-2020188.7500SELL 211.06
17-04-2020185.9800BUY 209.43
03-04-2020183.8900SHORT 214.83
26-03-2020175.5350BUY 207.97
04-03-2020258.2400SHORT 159.75
27-02-2020263.6400BUY 165.40
24-02-2020272.2100SELL 166.57
27-01-2020212.3400BUY 130.85
21-01-2020209.5000SELL 131.77
06-01-2020192.1600BUY 121.72
03-12-2019207.6600SELL 122.58
21-11-2019188.0500BUY 111.79
01-11-2019192.0050SELL 112.58
18-10-2019163.8400BUY 96.74
07-10-2019160.9100SELL 97.42
18-09-2019156.0700BUY 95.16
12-09-2019153.8000SHORT 97.95
29-08-2019153.7500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020177.7250BUY 327.37
30-07-2020176.0550SHORT 335.18
17-07-2020179.9500BUY 347.44
08-07-2020179.0400SHORT 354.16
19-06-2020182.5550BUY 366.22
15-06-2020177.9500SELL 368.80
27-05-2020167.8500BUY 350.32
05-05-2020177.1900SELL 352.79
23-04-2020185.8600BUY 372.66
21-04-2020188.7500SELL 375.29
17-04-2020185.9800BUY 372.39
03-04-2020183.8900SHORT 382.00
26-03-2020175.5350BUY 369.80
04-03-2020258.2400SHORT 284.06
27-02-2020263.6400BUY 294.10
24-02-2020272.2100SELL 296.17
27-01-2020212.3400BUY 232.66
21-01-2020209.5000SELL 234.30
06-01-2020192.1600BUY 216.42
03-12-2019207.6600SELL 217.95
21-11-2019188.0500BUY 198.76
01-11-2019192.0050SELL 200.16
18-10-2019163.8400BUY 172.00
07-10-2019160.9100SELL 173.21
18-09-2019156.0700BUY 169.18
12-09-2019153.8000SHORT 174.14
29-08-2019153.7500BUY 176.55
14-08-2019162.3900SELL 177.79
07-08-2019153.8800BUY 169.66
10-07-2019157.3500SHORT 168.35
01-07-2019161.2700BUY 174.99
18-06-2019162.8600SELL 176.22
07-06-2019165.5000BUY 180.34
30-05-2019161.5000SELL 181.61
21-05-2019160.7900BUY 182.09
30-04-2019165.3400SELL 183.37
28-03-2019147.0000BUY 164.18
22-03-2019147.5350SELL 165.34
21-02-2019129.9950BUY 146.71
11-02-2019138.8300SELL 147.74
05-02-2019138.0500BUY 147.95
25-01-2019145.6300SELL 148.99
16-01-2019143.0000BUY 147.33
11-01-2019147.9700SHORT 144.56
07-01-2019147.9100BUY 146.55
17-12-2018153.3000SELL 147.58
07-12-2018141.7850BUY 137.46
03-12-2018138.9500SELL 138.43
22-11-2018136.9300BUY 137.38
19-11-2018135.2450SELL 138.35
14-11-2018139.6000BUY 143.81
12-11-2018135.6000SELL 144.82
25-10-2018118.7400BUY 127.71
17-10-2018134.3800SELL 128.61
10-10-2018120.8400BUY 116.47
12-09-2018158.1900SHORT 95.56
07-09-2018166.8500BUY 102.22
05-09-2018165.4200SELL 102.94
23-08-2018158.4500BUY 99.30
† Trade commissions are taken as 0.70%.

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