tw
fb
Last Update
4/24/2014
ELTP
ELITE PHARMACEUTICALS
BUY
Last Pattern: BULLISH STOP LOSS
Last Close:
0.3830
Change:
+0.0080
Percent change
+2.13%
6 mo. Rating 5
$100⇨ 670.25
12 mo. Rating 5
$100⇨ 1,740.32
24 mo. Rating 4
$100⇨ 2,683.48
Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the prices crossed the Stop Loss level which was at 0.3799, and our valid average buying price stands now at 0.3803. The previous SELL recommendation was issued on 4/16/2014, 8 days ago, when the stock price was 0.3436. Since then ELTP has risen by +10.68%.
Market Outlook
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.


Intraday Module is ON. To follow the confirmation status, click here.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
6 mo.
12 mo.
24 mo.
Date
Price
Signal
$100⇨
4/24/20140.3803BUY 2,683.48
4/16/20140.3436SELL 2,688.86
4/14/20140.3430BUY 2,689.54
3/26/20140.4345SELL 2,694.93
3/17/20140.5110BUY 3,175.76
3/7/20140.7990SELL 3,182.12
2/6/20140.2725BUY 1,087.44
1/27/20140.2939SELL 1,089.62
1/22/20140.2596BUY 964.38
1/16/20140.2337SELL 966.31
12/12/20130.1132BUY 469.00
12/6/20130.1202SELL 469.94
11/25/20130.1020BUY 399.58
10/9/20130.1363SELL 400.38
10/2/20130.1241BUY 365.27
9/23/20130.1570SELL 366.00
9/11/20130.0827BUY 193.18
9/3/20130.0814SELL 193.57
8/5/20130.0698BUY 166.32
7/29/20130.0696SELL 166.65
7/19/20130.0719BUY 172.50
6/26/20130.0789SELL 172.85
6/21/20130.0701BUY 153.88
4/29/20130.0760SELL 154.19
4/12/20130.0684BUY 139.05
4/4/20130.0699SELL 139.33
3/25/20130.0761BUY 151.99
3/7/20130.0889SELL 152.29
2/28/20130.0756BUY 129.77
2/8/20130.0939SELL 130.03
2/1/20130.0866BUY 120.16
1/24/20130.0901SELL 120.40
1/17/20130.0756BUY 101.23
1/11/20130.0840SELL 101.43
1/9/20130.0791BUY 95.70
12/19/20120.0919SELL 95.89
12/10/20120.0783BUY 81.86
10/25/20120.0957SELL 82.02
10/18/20120.1049BUY 90.09
10/15/20120.1087SELL 90.27
10/11/20120.1125BUY 93.61
10/5/20120.1148SELL 93.80
9/25/20120.1153BUY 94.40
9/17/20120.1197SELL 94.59
8/29/20120.1095BUY 86.70
8/6/20120.1159SELL 86.87
8/1/20120.1228BUY 92.23
7/26/20120.1248SELL 92.41
7/23/20120.1256BUY 93.19
7/3/20120.1288SELL 93.38
6/21/20120.1242BUY 90.23
6/12/20120.1274SELL 90.41
6/4/20120.1202BUY 85.47
5/25/20120.1337SELL 85.64
5/14/20120.1555BUY 99.80
† Trade commissions taken as 0.20%.
About Us
Support
Privacy
TOS
Important Links
English
Deutsch
中文
Français
Türkçe
Indonesia
Español
Italiano
 
 
 
 
 
 
 
 
 
 

Disclaimers:

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 Americanbulls.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.

Americanbulls.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Americanbulls.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Americanbulls.com and Americanbull.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.