Title
by Americanbulls.com LLC
Last Update
14-12-2018
RMCL.BO
RADHA MADHAV CORPORATION
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
26.0500
Change:
-0.7000
Percent change
-2.62%
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 26.7500, and our valid average selling price stands now at 26.3900. The previous BUY signal was issued on 12-12-2018, 2 days ago, when the stock price was 27.1000. Since then RMCL.BO has fallen by -2.62%.
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⇨ 
14-12-201826.3900SHORT 139.86
12-12-201827.1000BUY 145.66
12-11-201836.1400SELL 146.69
10-10-201833.5800BUY 137.26
05-09-201837.3500SELL 138.23
03-09-201838.1450BUY 142.17
30-08-201838.1200SELL 143.17
27-08-201835.5500BUY 134.46
10-08-201835.5550SELL 135.41
02-08-201825.5000BUY 97.80
25-06-201827.2950SELL 98.49
20-06-201826.3600BUY 95.79
15-06-201825.8000SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
14-12-201826.3900SHORT 161.10
12-12-201827.1000BUY 167.78
12-11-201836.1400SELL 168.96
10-10-201833.5800BUY 158.10
05-09-201837.3500SELL 159.21
03-09-201838.1450BUY 163.75
30-08-201838.1200SELL 164.90
27-08-201835.5500BUY 154.87
10-08-201835.5550SELL 155.96
02-08-201825.5000BUY 112.64
25-06-201827.2950SELL 113.43
20-06-201826.3600BUY 110.32
15-06-201825.8000SHORT 114.36
12-06-201826.4000BUY 118.68
28-05-201827.9700SHORT 113.96
23-05-201827.1000BUY 111.98
18-05-201827.4200SHORT 112.25
16-05-201827.6500BUY 114.79
11-04-201829.9000SELL 115.60
26-03-201826.9000BUY 104.73
06-03-201827.6350SELL 105.47
12-02-201826.9150BUY 103.45
16-01-201828.0100SELL 104.18
08-01-201826.5100BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
14-12-201826.3900SHORT 311.12
12-12-201827.1000BUY 324.01
12-11-201836.1400SELL 326.29
10-10-201833.5800BUY 305.31
05-09-201837.3500SELL 307.46
03-09-201838.1450BUY 316.22
30-08-201838.1200SELL 318.45
27-08-201835.5500BUY 299.07
10-08-201835.5550SELL 301.18
02-08-201825.5000BUY 217.53
25-06-201827.2950SELL 219.06
20-06-201826.3600BUY 213.05
15-06-201825.8000SHORT 220.86
12-06-201826.4000BUY 229.19
28-05-201827.9700SHORT 220.08
23-05-201827.1000BUY 216.25
18-05-201827.4200SHORT 216.78
16-05-201827.6500BUY 221.69
11-04-201829.9000SELL 223.25
26-03-201826.9000BUY 202.27
06-03-201827.6350SELL 203.70
12-02-201826.9150BUY 199.79
16-01-201828.0100SELL 201.20
08-01-201826.5100BUY 191.77
07-12-201728.1500SELL 193.12
30-11-201726.9000BUY 185.85
08-11-201728.9100SELL 187.16
01-11-201727.9700BUY 182.35
03-10-201736.8450SELL 183.64
26-09-201728.9050BUY 145.08
06-09-201731.1800SELL 146.10
04-09-201731.6500BUY 149.35
29-08-201731.6550SELL 150.40
18-08-201731.3000BUY 149.76
07-08-201731.2000SHORT 152.37
02-08-201732.6000BUY 161.46
12-07-201734.5000SELL 162.60
26-05-201735.4500BUY 168.26
07-04-201736.0900SELL 169.45
14-03-201732.8000BUY 155.09
27-02-201738.9100SELL 156.18
14-02-201735.5000BUY 143.50
08-02-201735.8900SELL 144.51
24-01-201729.5400BUY 119.78
20-01-201728.7500SELL 120.62
17-01-201726.4000BUY 111.54
11-01-201723.8100SELL 112.33
29-12-201620.9000BUY 99.30
† Trade commissions are taken as 0.70%.

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