MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are stronger and more money is flowing into the market. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how TITC burst higher after the BUY signal that was issued on 21/11/2024. Since then, the stock price refused to ease back and recorded a whopping gain of 5%. Market’s upward beat, however, is in question now. Our system detected a BEARISH DELIBERATION BLOCK pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
Watch Recommended Stocks
Bought on
22/11/2024
 
INLOT
 
Last Signal
BUY
2109
Buy Level
0.8870
Bought at
0.8900
Close
0.8900
 
 
Bought on
21/11/2024
 
KEKR
 
Kekrops
 
Last Signal
STAY LONG
2209
Sell Level
1.1450
Bought at
1.1575
Close
1.1700
Gain%
1.08
Bought on
21/11/2024
 
PERF
 
Last Signal
STAY LONG
0
 
Bought at
5.2800
Close
5.3800
Gain%
1.89
Sold on
20/11/2024
 
ELTON
 
Elton
 
Last Signal
STAY IN CASH
2111
Buy Level
1.8380
Sold at
1.8700
Close
1.8380
Gain%
-1.71
Bought on
20/11/2024
 
ETE
 
Last Signal
STAY LONG
0
 
Bought at
7.0160
Close
6.9240
Loss%
-1.31
Sold on
19/11/2024
 
PLAT
 
Last Signal
STAY IN CASH
2102
Buy Level
4.0000
Sold at
3.9730
Close
3.9600
Gain%
-0.33
Sold on
18/11/2024
 
PPA
 
Last Signal
STAY IN CASH
2101
Buy Level
30.00
Sold at
29.59
Close
29.85
Loss%
0.88
Sold on
15/11/2024
 
ALPHA
 
Last Signal
STAY IN CASH
0
 
Sold at
1.5790
Close
1.5305
Gain%
-3.07
Sold on
15/11/2024
 
QUEST
 
Last Signal
STAY IN CASH
2102
Buy Level
5.6000
Sold at
5.6900
Close
5.5200
Gain%
-2.99
Bought on
13/11/2024
 
EKTER
 
Ekter
 
Last Signal
STAY LONG
0
 
Bought at
1.4190
Close
1.4460
Gain%
1.90
Sold on
13/11/2024
 
IKTIN
 
Last Signal
STAY IN CASH
2102
Buy Level
0.3100
Sold at
0.3293
Close
0.3055
Gain%
-7.23
Sold on
13/11/2024
 
TATT
 
Last Signal
STAY SHORT
2106
Buy Level
1.8375
Sold at
5.4400
Close
0.6140
Gain%
-88.71
Bought on
05/11/2024
 
BIOKA
 
Last Signal
STAY LONG
2205
Sell Level
1.7000
Bought at
1.6870
Close
1.7550
Gain%
4.03
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