Title
by Americanbulls.com LLC
Last Update
19-06-2018
SYNCOM.BO
SYNCOM FORMULATIONS INDIA B
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
1.1400
Change:
-0.0200
Percent change
-1.72%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.1600, and our valid average selling price stands now at 1.1500. The previous BUY signal was issued on 12-06-2018, 7 days ago, when the stock price was 1.0800. Since then SYNCOM.BO has risen by +6.48%.
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 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⇨ 
19-06-20181.1500SELL 175.20
12-06-20181.0800BUY 165.70
01-06-20181.0900SHORT 166.52
25-05-20181.2200BUY 189.02
21-05-20181.1700SHORT 200.25
07-05-20181.2150BUY 210.89
26-04-20181.3750SELL 212.38
06-04-20180.9000BUY 139.99
19-03-20181.2900SHORT 109.01
15-03-20181.3300BUY 113.98
06-02-20181.6100SHORT 98.47
01-02-20181.8100BUY 112.27
05-01-20182.1900SELL 113.06
28-12-20171.9100BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-06-20181.1500SELL 337.46
12-06-20181.0800BUY 319.15
01-06-20181.0900SHORT 320.72
25-05-20181.2200BUY 364.05
21-05-20181.1700SHORT 385.68
07-05-20181.2150BUY 406.18
26-04-20181.3750SELL 409.04
06-04-20180.9000BUY 269.62
19-03-20181.2900SHORT 209.96
15-03-20181.3300BUY 219.53
06-02-20181.6100SHORT 189.65
01-02-20181.8100BUY 216.22
05-01-20182.1900SELL 217.74
28-12-20171.9100BUY 191.24
13-12-20172.0900SELL 192.59
07-12-20172.0400BUY 189.31
30-11-20172.0900SELL 190.64
20-11-20171.6700BUY 153.40
08-11-20172.1700SELL 154.48
01-11-20171.3000BUY 93.20
17-10-20171.3100SHORT 93.80
13-10-20171.3200BUY 95.85
22-09-20171.4800SELL 96.53
05-09-20171.4400BUY 94.58
17-07-20171.5400SELL 95.25
30-06-20171.5300BUY 95.30
27-06-20171.5300SHORT 96.65
22-06-20171.5500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-06-20181.1500SELL 395.74
12-06-20181.0800BUY 374.27
01-06-20181.0900SHORT 376.11
25-05-20181.2200BUY 426.92
21-05-20181.1700SHORT 452.29
07-05-20181.2150BUY 476.33
26-04-20181.3750SELL 479.69
06-04-20180.9000BUY 316.19
19-03-20181.2900SHORT 246.22
15-03-20181.3300BUY 257.45
06-02-20181.6100SHORT 222.41
01-02-20181.8100BUY 253.58
05-01-20182.1900SELL 255.37
28-12-20171.9100BUY 224.29
13-12-20172.0900SELL 225.87
07-12-20172.0400BUY 222.02
30-11-20172.0900SELL 223.59
20-11-20171.6700BUY 179.92
08-11-20172.1700SELL 181.19
01-11-20171.3000BUY 109.31
17-10-20171.3100SHORT 110.02
13-10-20171.3200BUY 112.43
22-09-20171.4800SELL 113.22
05-09-20171.4400BUY 110.94
17-07-20171.5400SELL 111.72
30-06-20171.5300BUY 111.78
27-06-20171.5300SHORT 113.36
22-06-20171.5500BUY 116.47
05-06-20171.6400SHORT 111.97
31-05-20171.6000BUY 110.78
22-02-20172.0650SELL 111.56
20-02-20172.0400BUY 110.99
10-02-20172.0900SELL 111.77
27-01-20171.9500BUY 105.02
06-12-20162.2500SELL 105.76
01-12-20162.1700BUY 102.72
23-11-20162.0600SHORT 110.05
18-11-20162.1100BUY 114.32
15-11-20162.2300SHORT 110.02
08-11-20162.3100BUY 115.58
24-10-20162.4500SELL 116.39
10-10-20162.4300BUY 116.25
29-09-20162.5600SELL 117.07
27-09-20162.5800BUY 118.82
26-08-20162.7100SHORT 114.99
22-08-20162.5400BUY 109.30
28-07-20163.0900SELL 110.07
26-07-20163.0000BUY 107.62
18-07-20162.6600SELL 108.38
07-07-20162.4200BUY 99.30
† Trade commissions are taken as 0.70%.

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