Title
by Americanbulls.com LLC
Last Update
12-08-2020
PANACEABI.NS
PANACEA BIOTEC
Last Signal: SHORT
Last Pattern: BEARISH THREE BLACK CROW..
Last Close:
196.9500
Change:
-2.7500
Percent change
-1.38%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH THREE BLACK CROWS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 199.7000, and our valid average selling price stands now at 198.2500. The previous BUY signal was issued on 17-07-2020, 26 days ago, when the stock price was 194.7500. Since then PANACEABI.NS has risen by +1.80%.
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 indicates a strong reversal in the market. It is characterized by three normal or long candlesticks decrementing downwards. The opening of each day is slightly higher than previous close and prices progressively close at lower levels. This staircase like behavior signals the reversal of the trend. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020198.2500SHORT 247.14
17-07-2020194.7500BUY 246.21
15-06-2020228.3100SELL 247.95
05-06-2020153.7900BUY 168.20
29-05-2020150.1000SHORT 174.88
26-05-2020151.0600BUY 178.49
29-04-2020197.0900SELL 179.75
26-03-2020101.7800BUY 93.48
12-03-2020104.2600SELL 94.14
05-03-2020109.2100BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020198.2500SHORT 303.62
17-07-2020194.7500BUY 302.48
15-06-2020228.3100SELL 304.61
05-06-2020153.7900BUY 206.63
29-05-2020150.1000SHORT 214.84
26-05-2020151.0600BUY 219.27
29-04-2020197.0900SELL 220.82
26-03-2020101.7800BUY 114.84
12-03-2020104.2600SELL 115.65
05-03-2020109.2100BUY 121.99
29-01-2020130.2000SHORT 106.54
23-01-2020131.1000BUY 108.79
17-01-2020133.1500SELL 109.56
10-01-2020131.8000BUY 109.21
06-01-2020131.1550SELL 109.98
13-12-2019113.2600BUY 95.64
22-11-2019126.6500SHORT 87.72
20-11-2019126.9200BUY 89.15
14-11-2019132.4200SHORT 86.81
08-11-2019137.0000BUY 91.08
05-11-2019136.7000SELL 91.72
01-11-2019142.7200BUY 96.43
25-10-2019137.2200SHORT 101.88
10-10-2019140.5500BUY 105.83
30-09-2019147.1200SELL 106.58
06-09-2019136.1100BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
12-08-2020198.2500SHORT 392.88
17-07-2020194.7500BUY 391.40
15-06-2020228.3100SELL 394.16
05-06-2020153.7900BUY 267.38
29-05-2020150.1000SHORT 278.00
26-05-2020151.0600BUY 283.74
29-04-2020197.0900SELL 285.74
26-03-2020101.7800BUY 148.60
12-03-2020104.2600SELL 149.65
05-03-2020109.2100BUY 157.86
29-01-2020130.2000SHORT 137.87
23-01-2020131.1000BUY 140.79
17-01-2020133.1500SELL 141.78
10-01-2020131.8000BUY 141.33
06-01-2020131.1550SELL 142.33
13-12-2019113.2600BUY 123.78
22-11-2019126.6500SHORT 113.53
20-11-2019126.9200BUY 115.38
14-11-2019132.4200SHORT 112.35
08-11-2019137.0000BUY 117.88
05-11-2019136.7000SELL 118.71
01-11-2019142.7200BUY 124.81
25-10-2019137.2200SHORT 131.86
10-10-2019140.5500BUY 136.97
30-09-2019147.1200SELL 137.94
06-09-2019136.1100BUY 128.52
13-08-2019151.3500SELL 129.43
06-08-2019121.2500BUY 104.42
01-08-2019121.1100SHORT 106.02
24-07-2019132.5500BUY 117.68
18-07-2019146.0700SHORT 109.23
10-07-2019149.4600BUY 113.35
28-06-2019157.6150SHORT 109.30
20-06-2019157.7000BUY 110.91
03-06-2019185.6400SELL 111.69
30-05-2019192.5500BUY 116.66
28-05-2019191.8500SHORT 118.74
22-05-2019197.7600BUY 124.13
22-04-2019199.6000SELL 125.01
16-04-2019200.7800BUY 126.64
04-04-2019193.1900SHORT 133.68
28-03-2019193.2000BUY 135.58
18-03-2019194.1000SELL 136.54
11-03-2019194.8500BUY 138.03
07-03-2019191.9500SELL 139.00
13-02-2019156.3100BUY 113.99
21-01-2019167.7300SELL 114.79
14-01-2019157.7500BUY 108.72
08-01-2019155.8700SHORT 111.60
31-12-2018160.1500BUY 116.29
27-12-2018157.5500SELL 117.11
07-12-2018150.8500BUY 112.92
20-11-2018158.0000SELL 113.72
12-11-2018165.1700BUY 119.72
06-11-2018162.1350SELL 120.56
01-11-2018155.1000BUY 116.14
17-10-2018165.5300SHORT 110.80
11-10-2018156.4200BUY 106.18
29-08-2018249.0000SELL 106.93
17-08-2018229.6200BUY 99.30
† Trade commissions are taken as 0.70%.

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