After 6-7 days of increase, strong sell signals are emerging in Intellect.
16th, 17th March - Bearish Harami and 18th March - Bearing Marubozu
16th March was buying day indicated by volume and bullish Marubozu, but pattern was very long to form buy opinion.
Bearish Harami
16th March
Open = 527.05
Close = 617
Low = 527.05
High = 626.20
17th March
Open = 606.50
Close = 588.60
Low = 531
High = 647.55
18th March
Open = 527.05
Close = 617
Low = 527.05
High = 626.20
16th, 17th March - Bearish Harami and 18th March - Bearing Marubozu
16th March was buying day indicated by volume and bullish Marubozu, but pattern was very long to form buy opinion.
Bearish Harami
16th March
Open = 527.05
Close = 617
Low = 527.05
High = 626.20
17th March
Open = 606.50
Close = 588.60
Low = 531
High = 647.55
18th March
Open = 527.05
Close = 617
Low = 527.05
High = 626.20
Note
Updating the idea with latest closing data on 18th March, 2021 Open = 597.50
Close = 595
Low = 564.40
High = 624.20
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.