Title
by Americanbulls.com LLC
Last Update
18-04-2019
TANFACIND.BO
TANFAC INDUSTRIES B
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
219.9500
Change:
-4.6000
Percent change
-2.05%
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 224.5500, and our valid average selling price stands now at 222.4100. The previous BUY signal was issued on 05-04-2019, 13 days ago, when the stock price was 230.1700. Since then TANFACIND.BO has fallen by -3.37%.
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⇨ 
18-04-2019222.4100SELL 143.16
05-04-2019230.1700BUY 149.20
18-03-2019216.7000SELL 150.25
08-03-2019216.1000BUY 150.89
26-02-2019197.0400SELL 151.95
18-02-2019184.0000BUY 142.89
12-02-2019202.1000SHORT 133.00
08-02-2019199.2500BUY 132.98
16-01-2019225.2500SHORT 120.91
02-01-2019225.2000BUY 122.59
06-12-2018240.9200SHORT 116.71
04-12-2018235.7200BUY 115.81
27-11-2018277.2300SHORT 102.15
16-11-2018281.4400BUY 105.17
12-11-2018319.2250SELL 105.91
06-11-2018297.2000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-04-2019222.4100SELL 551.02
05-04-2019230.1700BUY 574.27
18-03-2019216.7000SELL 578.32
08-03-2019216.1000BUY 580.78
26-02-2019197.0400SELL 584.87
18-02-2019184.0000BUY 550.01
12-02-2019202.1000SHORT 511.94
08-02-2019199.2500BUY 511.86
16-01-2019225.2500SHORT 465.38
02-01-2019225.2000BUY 471.86
06-12-2018240.9200SHORT 449.22
04-12-2018235.7200BUY 445.74
27-11-2018277.2300SHORT 393.18
16-11-2018281.4400BUY 404.80
12-11-2018319.2250SELL 407.65
06-11-2018297.2000BUY 382.20
24-10-2018302.1300SELL 384.89
10-10-2018248.5900BUY 318.92
28-09-2018318.6300SELL 321.17
26-09-2018333.3300BUY 338.36
24-09-2018352.9900SELL 340.75
24-07-2018110.4900BUY 107.41
19-07-2018109.2200SHORT 110.21
17-07-2018112.0000BUY 114.61
04-07-2018115.6000SELL 115.42
02-07-2018109.0400BUY 109.64
27-06-2018108.9500SELL 110.41
15-06-2018116.2250BUY 118.61
13-06-2018115.0350SELL 119.45
22-05-2018103.6500BUY 108.39
04-05-2018123.0000SHORT 94.98
23-04-2018126.8000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
18-04-2019222.4100SELL 1,801.67
05-04-2019230.1700BUY 1,877.67
18-03-2019216.7000SELL 1,890.91
08-03-2019216.1000BUY 1,898.97
26-02-2019197.0400SELL 1,912.36
18-02-2019184.0000BUY 1,798.39
12-02-2019202.1000SHORT 1,673.92
08-02-2019199.2500BUY 1,673.66
16-01-2019225.2500SHORT 1,521.69
02-01-2019225.2000BUY 1,542.88
06-12-2018240.9200SHORT 1,468.87
04-12-2018235.7200BUY 1,457.50
27-11-2018277.2300SHORT 1,285.62
16-11-2018281.4400BUY 1,323.61
12-11-2018319.2250SELL 1,332.94
06-11-2018297.2000BUY 1,249.72
24-10-2018302.1300SELL 1,258.53
10-10-2018248.5900BUY 1,042.81
28-09-2018318.6300SELL 1,050.16
26-09-2018333.3300BUY 1,106.35
24-09-2018352.9900SELL 1,114.15
24-07-2018110.4900BUY 351.20
19-07-2018109.2200SHORT 360.36
17-07-2018112.0000BUY 374.76
04-07-2018115.6000SELL 377.40
02-07-2018109.0400BUY 358.49
27-06-2018108.9500SELL 361.02
15-06-2018116.2250BUY 387.84
13-06-2018115.0350SELL 390.57
22-05-2018103.6500BUY 354.40
04-05-2018123.0000SHORT 310.56
23-04-2018126.8000BUY 324.68
17-04-2018125.6800SELL 326.97
02-04-2018117.2100BUY 307.08
19-03-2018121.1200SELL 309.24
13-03-2018122.1200BUY 313.99
06-03-2018128.6400SELL 316.20
23-02-2018114.1000BUY 282.44
16-02-2018117.0500SHORT 279.39
08-02-2018105.9400BUY 256.45
17-01-2018128.7000SELL 258.26
11-01-2018144.3500BUY 291.71
28-12-2017129.3100SELL 293.77
20-12-2017131.3500BUY 300.51
06-12-2017124.7500SELL 302.63
27-11-2017106.3200BUY 259.74
07-11-2017134.7900SELL 261.57
30-10-2017105.5000BUY 206.17
26-10-2017103.1600SELL 207.62
14-08-201755.9800BUY 113.46
08-08-201764.6200SELL 114.26
31-07-201756.9600BUY 101.43
20-07-201756.9500SELL 102.15
17-07-201756.1000BUY 101.33
23-06-201752.2400SELL 102.04
20-06-201750.4800BUY 99.30
† Trade commissions are taken as 0.70%.

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