Title
by Americanbulls.com LLC
Last Update
19-10-2018
RELCAPITAL.BO
RELIANCE CAPITAL
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
241.3500
Change:
-6.8500
Percent change
-2.76%
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 248.2000, and our valid average selling price stands now at 247.7000. The previous BUY signal was issued on 10-10-2018, 9 days ago, when the stock price was 245.4250. Since then RELCAPITAL.BO has risen by +0.93%.
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⇨ 
19-10-2018247.7000SHORT 115.77
10-10-2018245.4250BUY 116.33
12-09-2018440.4500SELL 117.15
06-09-2018459.0000BUY 122.94
04-09-2018471.5250SELL 123.81
30-08-2018451.5000BUY 119.39
24-08-2018442.5500SELL 120.23
20-08-2018437.3000BUY 119.64
13-08-2018419.9000SELL 120.48
08-08-2018430.6000BUY 124.42
01-08-2018409.1000SELL 125.30
20-07-2018350.2000BUY 108.02
18-07-2018355.6500SHORT 107.89
06-07-2018367.7750BUY 113.15
25-06-2018417.0500SELL 113.95
07-06-2018401.5500BUY 110.49
01-06-2018417.6500SELL 111.27
25-05-2018379.8500BUY 101.91
03-05-2018419.5500SHORT 94.42
30-04-2018435.1000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-10-2018247.7000SHORT 185.72
10-10-2018245.4250BUY 186.62
12-09-2018440.4500SELL 187.94
06-09-2018459.0000BUY 197.24
04-09-2018471.5250SELL 198.63
30-08-2018451.5000BUY 191.54
24-08-2018442.5500SELL 192.89
20-08-2018437.3000BUY 191.95
13-08-2018419.9000SELL 193.30
08-08-2018430.6000BUY 199.62
01-08-2018409.1000SELL 201.03
20-07-2018350.2000BUY 173.30
18-07-2018355.6500SHORT 173.10
06-07-2018367.7750BUY 181.53
25-06-2018417.0500SELL 182.81
07-06-2018401.5500BUY 177.26
01-06-2018417.6500SELL 178.51
25-05-2018379.8500BUY 163.50
03-05-2018419.5500SHORT 151.48
30-04-2018435.1000BUY 159.32
12-04-2018444.4500SELL 160.44
09-04-2018448.5000BUY 163.04
04-04-2018435.3500SHORT 170.50
27-03-2018417.6000BUY 165.86
16-03-2018440.3750SHORT 159.94
12-03-2018429.3500BUY 158.14
01-03-2018472.4500SHORT 146.97
26-02-2018470.6500BUY 148.48
15-02-2018499.7250SHORT 142.30
09-02-2018470.7000BUY 135.93
10-01-2018603.8000SELL 136.89
19-12-2017415.3500BUY 94.83
13-12-2017419.2000SHORT 95.30
11-12-2017422.8000BUY 97.48
28-11-2017450.6500SHORT 93.11
21-11-2017446.6500BUY 93.59
06-11-2017575.6500SELL 94.25
30-10-2017580.4000BUY 95.70
26-10-2017567.5500SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-10-2018247.7000SHORT 347.35
10-10-2018245.4250BUY 349.03
12-09-2018440.4500SELL 351.49
06-09-2018459.0000BUY 368.88
04-09-2018471.5250SELL 371.48
30-08-2018451.5000BUY 358.21
24-08-2018442.5500SELL 360.74
20-08-2018437.3000BUY 358.97
13-08-2018419.9000SELL 361.50
08-08-2018430.6000BUY 373.32
01-08-2018409.1000SELL 375.95
20-07-2018350.2000BUY 324.09
18-07-2018355.6500SHORT 323.71
06-07-2018367.7750BUY 339.48
25-06-2018417.0500SELL 341.87
07-06-2018401.5500BUY 331.48
01-06-2018417.6500SELL 333.82
25-05-2018379.8500BUY 305.75
03-05-2018419.5500SHORT 283.27
30-04-2018435.1000BUY 297.93
12-04-2018444.4500SELL 300.03
09-04-2018448.5000BUY 304.90
04-04-2018435.3500SHORT 318.84
27-03-2018417.6000BUY 310.17
16-03-2018440.3750SHORT 299.09
12-03-2018429.3500BUY 295.73
01-03-2018472.4500SHORT 274.84
26-02-2018470.6500BUY 277.67
15-02-2018499.7250SHORT 266.12
09-02-2018470.7000BUY 254.21
10-01-2018603.8000SELL 256.00
19-12-2017415.3500BUY 177.34
13-12-2017419.2000SHORT 178.21
11-12-2017422.8000BUY 182.28
28-11-2017450.6500SHORT 174.10
21-11-2017446.6500BUY 175.00
06-11-2017575.6500SELL 176.23
30-10-2017580.4000BUY 178.94
26-10-2017567.5500SHORT 185.68
17-10-2017550.7750BUY 182.74
13-09-2017770.0500SELL 184.03
24-08-2017646.1606BUY 155.51
11-08-2017632.1629SELL 156.61
26-07-2017546.2484BUY 136.28
21-07-2017551.3614SELL 137.24
14-07-2017556.5582BUY 139.51
07-07-2017555.0494SELL 140.49
07-06-2017472.3620BUY 120.40
18-05-2017560.7911SELL 121.25
16-05-2017568.4185BUY 123.77
12-05-2017564.4372SELL 124.64
09-05-2017555.9296BUY 123.63
05-05-2017550.4184SELL 124.50
25-04-2017520.0550BUY 118.46
13-04-2017510.6254SELL 119.30
31-03-2017512.8465BUY 120.66
22-03-2017494.1130SELL 121.51
02-02-2017390.3451BUY 96.67
30-01-2017387.0971SELL 97.35
17-01-2017380.7897BUY 96.44
22-12-2016376.3054SELL 97.12
19-12-2016372.5755BUY 96.84
14-12-2016362.6848SELL 97.52
08-12-2016358.9968BUY 97.21
02-12-2016359.5416SHORT 98.44
23-11-2016357.6348BUY 99.30
† Trade commissions are taken as 0.70%.

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