Title
by Americanbulls.com LLC
Last Update
17-05-2021
PARSVNATH.NS
PARSVNATH DEVELOPERS
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
8.9000
Change:
-0.1000
Percent change
-1.11%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 8.9750, and our valid average selling price stands now at 8.9000. The previous BUY signal was issued on 10-05-2021, 7 days ago, when the stock price was 7.8450. Since then PARSVNATH.NS has risen by +13.45%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
17-05-20218.9000SELL 253.51
10-05-20217.8450BUY 225.03
03-05-20217.8800SHORT 227.20
27-04-20217.6700BUY 224.27
22-03-202110.2500SELL 225.85
11-02-20215.0250BUY 111.50
02-02-20215.0000SHORT 113.65
29-01-20215.0000BUY 115.26
12-01-20215.6500SELL 116.07
24-12-20204.8000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-05-20218.9000SELL 970.24
10-05-20217.8450BUY 861.26
03-05-20217.8800SHORT 869.58
27-04-20217.6700BUY 858.38
22-03-202110.2500SELL 864.43
11-02-20215.0250BUY 426.77
02-02-20215.0000SHORT 434.98
29-01-20215.0000BUY 441.13
12-01-20215.6500SELL 444.24
24-12-20204.8000BUY 380.07
17-12-20205.4500SELL 382.75
06-11-20202.3200BUY 164.08
28-10-20202.4550SELL 165.24
16-10-20202.3700BUY 160.64
13-10-20202.2800SHORT 169.61
05-10-20202.4700BUY 186.34
30-09-20202.4700SHORT 188.98
28-09-20202.4200BUY 187.77
31-08-20203.4200SELL 189.09
27-08-20203.4800BUY 193.76
25-08-20203.2700SHORT 209.99
07-08-20202.8300BUY 184.31
13-07-20203.5200SELL 185.61
29-05-20201.8700BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-05-20218.9000SELL 2,903.08
10-05-20217.8450BUY 2,576.99
03-05-20217.8800SHORT 2,601.89
27-04-20217.6700BUY 2,568.38
22-03-202110.2500SELL 2,586.49
11-02-20215.0250BUY 1,276.95
02-02-20215.0000SHORT 1,301.52
29-01-20215.0000BUY 1,319.93
12-01-20215.6500SELL 1,329.23
24-12-20204.8000BUY 1,137.22
17-12-20205.4500SELL 1,145.24
06-11-20202.3200BUY 490.95
28-10-20202.4550SELL 494.41
16-10-20202.3700BUY 480.66
13-10-20202.2800SHORT 507.49
05-10-20202.4700BUY 557.56
30-09-20202.4700SHORT 565.45
28-09-20202.4200BUY 561.84
31-08-20203.4200SELL 565.80
27-08-20203.4800BUY 579.78
25-08-20203.2700SHORT 628.33
07-08-20202.8300BUY 551.48
13-07-20203.5200SELL 555.37
29-05-20201.8700BUY 297.12
05-05-20202.1800SELL 299.21
03-04-20201.3100BUY 181.07
04-03-20201.8800SHORT 140.91
25-02-20201.9950BUY 151.64
19-02-20201.9800SHORT 154.96
17-02-20202.0450BUY 162.31
13-02-20202.0800SHORT 161.88
07-02-20202.0700BUY 163.38
04-02-20202.1800SELL 164.53
15-01-20202.1200BUY 161.13
08-01-20202.1300SELL 162.27
03-01-20202.1700BUY 166.48
31-12-20192.3050SELL 167.65
16-12-20191.7200BUY 125.98
30-10-20192.5700SELL 126.87
27-10-20192.6300BUY 130.75
23-10-20192.5200SHORT 138.65
15-10-20192.5200BUY 140.61
09-10-20192.4800SHORT 144.94
04-10-20192.4450BUY 144.92
29-08-20193.2700SHORT 117.36
22-08-20193.3300BUY 121.20
09-08-20193.4600SHORT 118.46
05-08-20193.3300BUY 115.62
30-07-20193.4600SHORT 113.01
19-07-20194.6000BUY 152.37
15-07-20194.9250SELL 153.44
10-07-20193.5400BUY 111.07
25-06-20193.3200SHORT 120.64
21-06-20193.3300BUY 122.72
03-06-20194.4600SHORT 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.