Title
by Americanbulls.com LLC
Last Update
25-05-2018
RELCAPITAL.BO
RELIANCE CAPITAL
Last Signal: BUY
Last Pattern: BULLISH BREAKAWAY
Last Close:
395.5500
Change:
+16.1000
Percent change
+4.24%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH BREAKAWAY pattern finally received a confirmation because the prices crossed above the confirmation level which was at 379.4500, and our valid average buying price stands now at 379.8500. The previous SHORT signal was issued on 03-05-2018, 22 days ago, when the stock price was 419.5500. Since then RELCAPITAL.BO has fallen by -9.46%.
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 possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This five candlestick pattern starts with a strong black candlestick. The next three days after the downside gap set consecutively lower prices. However, the last day completely erases the limited losses of down days and closes inside the gap between the first and second days. This suggests a short term reversal. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
25-05-2018379.8500BUY 174.39
03-05-2018419.5500SHORT 161.57
30-04-2018435.1000BUY 169.93
12-04-2018444.4500SELL 171.13
09-04-2018448.5000BUY 173.91
04-04-2018435.3500SHORT 181.86
27-03-2018417.6000BUY 176.91
16-03-2018440.3750SHORT 170.59
12-03-2018429.3500BUY 168.67
01-03-2018472.4500SHORT 156.76
26-02-2018470.6500BUY 158.37
15-02-2018499.7250SHORT 151.78
09-02-2018470.7000BUY 144.99
10-01-2018603.8000SELL 146.01
19-12-2017415.3500BUY 101.15
13-12-2017419.2000SHORT 101.65
11-12-2017422.8000BUY 103.97
28-11-2017450.6500SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
25-05-2018379.8500BUY 252.18
03-05-2018419.5500SHORT 233.64
30-04-2018435.1000BUY 245.73
12-04-2018444.4500SELL 247.46
09-04-2018448.5000BUY 251.48
04-04-2018435.3500SHORT 262.98
27-03-2018417.6000BUY 255.83
16-03-2018440.3750SHORT 246.69
12-03-2018429.3500BUY 243.92
01-03-2018472.4500SHORT 226.69
26-02-2018470.6500BUY 229.02
15-02-2018499.7250SHORT 219.49
09-02-2018470.7000BUY 209.67
10-01-2018603.8000SELL 211.15
19-12-2017415.3500BUY 146.27
13-12-2017419.2000SHORT 146.99
11-12-2017422.8000BUY 150.35
28-11-2017450.6500SHORT 143.60
21-11-2017446.6500BUY 144.34
06-11-2017575.6500SELL 145.36
30-10-2017580.4000BUY 147.59
26-10-2017567.5500SHORT 153.15
17-10-2017550.7750BUY 150.73
13-09-2017770.0500SELL 151.79
24-08-2017646.1606BUY 128.27
11-08-2017632.1629SELL 129.17
26-07-2017546.2484BUY 112.40
21-07-2017551.3614SELL 113.19
14-07-2017556.5582BUY 115.06
07-07-2017555.0494SELL 115.87
07-06-2017472.3620BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
25-05-2018379.8500BUY 424.60
03-05-2018419.5500SHORT 393.38
30-04-2018435.1000BUY 413.73
12-04-2018444.4500SELL 416.65
09-04-2018448.5000BUY 423.41
04-04-2018435.3500SHORT 442.78
27-03-2018417.6000BUY 430.74
16-03-2018440.3750SHORT 415.35
12-03-2018429.3500BUY 410.68
01-03-2018472.4500SHORT 381.67
26-02-2018470.6500BUY 385.60
15-02-2018499.7250SHORT 369.55
09-02-2018470.7000BUY 353.01
10-01-2018603.8000SELL 355.50
19-12-2017415.3500BUY 246.27
13-12-2017419.2000SHORT 247.48
11-12-2017422.8000BUY 253.14
28-11-2017450.6500SHORT 241.78
21-11-2017446.6500BUY 243.02
06-11-2017575.6500SELL 244.73
30-10-2017580.4000BUY 248.49
26-10-2017567.5500SHORT 257.84
17-10-2017550.7750BUY 253.76
13-09-2017770.0500SELL 255.55
24-08-2017646.1606BUY 215.95
11-08-2017632.1629SELL 217.47
26-07-2017546.2484BUY 189.24
21-07-2017551.3614SELL 190.57
14-07-2017556.5582BUY 193.72
07-07-2017555.0494SELL 195.09
07-06-2017472.3620BUY 167.20
18-05-2017560.7911SELL 168.38
16-05-2017568.4185BUY 171.87
12-05-2017564.4372SELL 173.08
09-05-2017555.9296BUY 171.67
05-05-2017550.4184SELL 172.88
25-04-2017520.0550BUY 164.49
13-04-2017510.6254SELL 165.65
31-03-2017512.8465BUY 167.54
22-03-2017494.1130SELL 168.72
02-02-2017390.3451BUY 134.23
30-01-2017387.0971SELL 135.18
17-01-2017380.7897BUY 133.91
22-12-2016376.3054SELL 134.85
19-12-2016372.5755BUY 134.45
14-12-2016362.6848SELL 135.40
08-12-2016358.9968BUY 134.97
02-12-2016359.5416SHORT 136.67
23-11-2016357.6348BUY 137.87
13-10-2016477.7264SELL 138.84
03-10-2016474.9604BUY 139.01
27-09-2016473.7869SELL 139.99
22-09-2016478.1874BUY 142.29
16-09-2016471.0627SELL 143.29
11-08-2016363.2716BUY 111.28
02-08-2016374.2099SELL 112.06
22-07-2016341.0595BUY 102.85
15-07-2016343.2388SELL 103.58
15-06-2016335.0665BUY 101.83
09-06-2016342.0653SELL 102.55
25-05-2016328.9058BUY 99.30
† Trade commissions are taken as 0.70%.

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