Title
by Americanbulls.com LLC
Last Update
22-03-2019
STARPAPER.NS
STAR PAPER MILLS
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
127.8500
Change:
-4.5500
Percent change
-3.44%
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 132.4000, and our valid average selling price stands now at 130.8300. The previous BUY signal was issued on 01-03-2019, 21 days ago, when the stock price was 107.8300. Since then STARPAPER.NS has risen by +21.33%.
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
Date 
Price 
Signal 
 
INR100⇨ 
22-03-2019130.8300SELL 138.17
01-03-2019107.8300BUY 114.68
27-02-2019104.1700SHORT 120.54
22-02-2019103.2500BUY 121.17
12-02-2019117.1400SHORT 109.86
06-02-2019123.8000BUY 117.75
04-02-2019124.3900SHORT 118.85
31-01-2019126.2800BUY 122.36
03-01-2019155.7500SHORT 104.35
12-12-2018158.0500BUY 107.39
15-11-2018163.4100SELL 108.15
29-10-2018161.9100BUY 107.91
17-10-2018171.9900SHORT 103.38
10-10-2018155.3700BUY 94.71
05-10-2018159.5800SHORT 93.58
03-10-2018166.9750BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-2019130.8300SELL 205.12
01-03-2019107.8300BUY 170.25
27-02-2019104.1700SHORT 178.95
22-02-2019103.2500BUY 179.88
12-02-2019117.1400SHORT 163.09
06-02-2019123.8000BUY 174.80
04-02-2019124.3900SHORT 176.44
31-01-2019126.2800BUY 181.66
03-01-2019155.7500SHORT 154.92
12-12-2018158.0500BUY 159.43
15-11-2018163.4100SELL 160.55
29-10-2018161.9100BUY 160.20
17-10-2018171.9900SHORT 153.47
10-10-2018155.3700BUY 140.60
05-10-2018159.5800SHORT 138.92
03-10-2018166.9750BUY 147.41
18-09-2018198.9900SELL 148.45
14-09-2018205.3000BUY 154.24
11-09-2018202.6600SELL 155.33
06-09-2018184.1800BUY 142.16
08-08-2018222.2700SELL 143.16
23-07-2018151.6900BUY 98.39
18-07-2018154.8400SHORT 97.79
09-07-2018162.8400BUY 104.30
15-06-2018170.8000SHORT 101.07
07-06-2018172.7200BUY 103.65
30-05-2018190.2500SHORT 96.25
24-05-2018189.5050BUY 97.23
21-05-2018193.3200SHORT 96.70
17-05-2018200.6050BUY 101.76
27-04-2018227.6200SELL 102.48
23-04-2018223.3900BUY 101.28
12-04-2018218.0500SELL 101.99
02-04-2018204.7100BUY 96.43
23-03-2018201.6500SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-2019130.8300SELL 221.78
01-03-2019107.8300BUY 184.08
27-02-2019104.1700SHORT 193.48
22-02-2019103.2500BUY 194.48
12-02-2019117.1400SHORT 176.32
06-02-2019123.8000BUY 188.98
04-02-2019124.3900SHORT 190.75
31-01-2019126.2800BUY 196.39
03-01-2019155.7500SHORT 167.48
12-12-2018158.0500BUY 172.36
15-11-2018163.4100SELL 173.58
29-10-2018161.9100BUY 173.20
17-10-2018171.9900SHORT 165.93
10-10-2018155.3700BUY 152.02
05-10-2018159.5800SHORT 150.21
03-10-2018166.9750BUY 159.39
18-09-2018198.9900SELL 160.51
14-09-2018205.3000BUY 166.77
11-09-2018202.6600SELL 167.95
06-09-2018184.1800BUY 153.71
08-08-2018222.2700SELL 154.79
23-07-2018151.6900BUY 106.38
18-07-2018154.8400SHORT 105.73
09-07-2018162.8400BUY 112.77
15-06-2018170.8000SHORT 109.27
07-06-2018172.7200BUY 112.06
30-05-2018190.2500SHORT 104.06
24-05-2018189.5050BUY 105.12
21-05-2018193.3200SHORT 104.54
17-05-2018200.6050BUY 110.01
27-04-2018227.6200SELL 110.79
23-04-2018223.3900BUY 109.50
12-04-2018218.0500SELL 110.27
02-04-2018204.7100BUY 104.25
23-03-2018201.6500SHORT 107.35
21-03-2018208.6600BUY 112.65
16-03-2018219.3900SHORT 108.92
13-03-2018207.7200BUY 104.59
19-02-2018233.9600SHORT 95.37
08-02-2018258.5000BUY 106.86
24-01-2018281.9800SELL 107.61
22-01-2018291.4500BUY 112.01
18-01-2018278.9100SELL 112.80
17-01-2018293.3500BUY 119.48
09-01-2018279.0100SELL 120.32
01-01-2018283.4000BUY 123.07
27-12-2017282.3400SELL 123.94
06-12-2017204.3500BUY 90.34
01-12-2017205.2000SELL 90.98
28-11-2017212.1500BUY 94.72
22-11-2017208.6000SELL 95.39
20-11-2017213.4200BUY 98.28
13-11-2017216.8600SELL 98.97
31-10-2017193.8300BUY 89.08
27-10-2017188.7500SELL 89.71
05-10-2017178.5000BUY 85.44
14-09-2017195.0700SELL 86.04
11-09-2017190.2300BUY 84.50
05-09-2017185.8500SHORT 87.76
01-09-2017186.9000BUY 89.50
27-07-2017202.9500SELL 90.13
20-07-2017204.0000BUY 91.23
17-07-2017203.1200SHORT 92.92
10-07-2017210.9500BUY 97.87
06-07-2017206.7200SELL 98.56
04-07-2017210.7500BUY 101.19
23-06-2017208.4800SELL 101.90
12-06-2017200.0700BUY 98.48
02-06-2017196.6000SELL 99.17
25-05-2017200.9500BUY 102.08
12-05-2017195.1200SELL 102.80
09-05-2017190.2000BUY 100.91
27-04-2017190.1500SELL 101.62
20-04-2017191.0950BUY 102.85
18-04-2017186.4500SELL 103.58
05-04-2017184.3000BUY 103.11
29-03-2017188.1800SELL 103.84
27-03-2017178.7000BUY 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.