by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 450.7500, and our valid average selling price stands now at 447.5200. The previous BUY signal was issued on 29-01-2021, 28 days ago, when the stock price was 339.2300. Since then SHANKARA.NS has risen by +31.92%.
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 top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
26-02-2021447.5200SELL 133.46
29-01-2021339.2300BUY 101.88
13-01-2021348.4500SELL 102.60
08-01-2021355.1500BUY 105.31
04-01-2021349.0500SHORT 108.70
28-12-2020354.5500BUY 111.98
22-12-2020333.6500SELL 112.77
15-12-2020352.3650BUY 119.93
08-12-2020351.2000SELL 120.78
14-11-2020292.2150BUY 101.20
07-10-2020349.7100SELL 101.91
28-09-2020338.2500BUY 99.27
07-09-2020360.2500SHORT 94.88
03-09-2020371.7600BUY 99.30
† Trade commissions are taken as 0.70%.
26-02-2021447.5200SELL 304.24
29-01-2021339.2300BUY 232.25
13-01-2021348.4500SELL 233.89
08-01-2021355.1500BUY 240.07
04-01-2021349.0500SHORT 247.80
28-12-2020354.5500BUY 255.27
22-12-2020333.6500SELL 257.07
15-12-2020352.3650BUY 273.40
08-12-2020351.2000SELL 275.33
14-11-2020292.2150BUY 230.70
07-10-2020349.7100SELL 232.33
28-09-2020338.2500BUY 226.30
07-09-2020360.2500SHORT 216.29
03-09-2020371.7600BUY 226.36
26-08-2020395.6500SELL 227.96
19-08-2020357.6400BUY 207.51
10-08-2020362.4500SELL 208.97
04-08-2020351.2300BUY 203.93
08-07-2020363.4800SHORT 200.07
06-07-2020370.9500BUY 207.07
26-06-2020376.7800SELL 208.53
24-06-2020374.5500BUY 208.76
15-06-2020330.7300SELL 210.23
01-06-2020244.5100BUY 156.52
06-05-2020263.1600SELL 157.62
30-04-2020251.6400BUY 151.78
15-04-2020243.4500SHORT 159.29
07-04-2020224.9400BUY 149.26
26-02-2020472.9000SHORT 99.30
† Trade commissions are taken as 0.70%.
26-02-2021447.5200SELL 1,320.64
29-01-2021339.2300BUY 1,008.13
13-01-2021348.4500SELL 1,015.24
08-01-2021355.1500BUY 1,042.06
04-01-2021349.0500SHORT 1,075.60
28-12-2020354.5500BUY 1,108.01
22-12-2020333.6500SELL 1,115.82
15-12-2020352.3650BUY 1,186.71
08-12-2020351.2000SELL 1,195.08
14-11-2020292.2150BUY 1,001.37
07-10-2020349.7100SELL 1,008.43
28-09-2020338.2500BUY 982.26
07-09-2020360.2500SHORT 938.82
03-09-2020371.7600BUY 982.52
26-08-2020395.6500SELL 989.45
19-08-2020357.6400BUY 900.70
10-08-2020362.4500SELL 907.05
04-08-2020351.2300BUY 885.17
08-07-2020363.4800SHORT 868.43
06-07-2020370.9500BUY 898.82
26-06-2020376.7800SELL 905.16
24-06-2020374.5500BUY 906.15
15-06-2020330.7300SELL 912.54
01-06-2020244.5100BUY 679.40
06-05-2020263.1600SELL 684.19
30-04-2020251.6400BUY 658.85
15-04-2020243.4500SHORT 691.43
07-04-2020224.9400BUY 647.90
26-02-2020472.9000SHORT 431.05
24-02-2020503.1000BUY 465.07
17-02-2020515.7550SELL 468.35
04-02-2020368.3050BUY 336.81
01-02-2020378.4100SHORT 332.69
23-01-2020393.6950BUY 351.03
21-01-2020392.1400SELL 353.50
16-01-2020382.0350BUY 346.82
08-01-2020402.2300SELL 349.26
03-01-2020359.1300BUY 314.03
01-01-2020311.6000SELL 316.24
12-12-2019292.4350BUY 298.88
30-10-2019327.8900SHORT 273.53
23-10-2019305.9700BUY 258.86
18-10-2019286.4500SHORT 281.72
15-10-2019290.6600BUY 289.91
12-09-2019455.6900SELL 291.95
05-09-2019273.9000BUY 176.72
27-08-2019288.4800SELL 177.97
19-08-2019261.0900BUY 162.21
13-08-2019260.3500SHORT 164.97
06-08-2019253.6300BUY 162.99
16-07-2019367.8500SHORT 126.13
12-07-2019377.4600BUY 131.26
02-07-2019434.8450SHORT 117.60
27-06-2019440.1650BUY 120.72
23-05-2019520.1300SHORT 106.11
21-05-2019519.6900BUY 107.52
30-04-2019519.1000SELL 108.28
25-04-2019518.2200BUY 108.86
22-04-2019520.6500SELL 109.63
12-04-2019529.4600BUY 112.27
10-04-2019482.8500SELL 113.06
01-04-2019423.6900BUY 99.91
14-03-2019455.7300SELL 100.61
12-03-2019472.6000BUY 105.07
07-03-2019463.7900SELL 105.81
01-03-2019432.2000BUY 99.30
† Trade commissions are taken as 0.70%.


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