ELTP (OTC MARKETS)

ELTP OTC MARKETS

Elite Pharmaceuticals

STAY LONG

0.5800

Prev.Close

0.5566

Change

+0.0234

Change%

+4.20%

BEARISH DELIBERATION BL...

Bought at

0.4312

Open

0.5700

High

0.6149

Low

0.5594

0.5800

Gain%

+34.51%

Signal History

Date	Price	Signal	Change%		$100⇨
05/08	0.4312	BUY	+34.5%	✔	98
04/29	0.4114	SELL	+4.8%	❌	98
04/24	0.4115	BUY	0.0%	❌	98
04/11	0.4062	SELL	+1.3%	❌	99
04/08	0.3535	BUY	+14.9%	✔ 👍	86
03/25	0.4646	SELL	-23.9%	✔	86
03/17	0.4850	BUY	-4.2%	❌	90
03/12	0.4735	SELL	+2.4%	❌	90
02/28	0.4899	BUY	-3.3%	❌	94
02/18	0.5000	SELL	-2.0%	✔	94
02/06	0.5200	BUY	-3.8%	❌	98
01/24	0.4850	SELL	+7.2%	❌	98
01/17	0.4927	BUY	-1.6%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 05/08/2025, 29 days ago, when the stock price was 0.4312. Since then, ELTP has risen by +34.51%.

Market Outlook

The bulls have taken full control of the market. The negative sentiment that led to the last bearish pattern has dissipated. The current price is significantly distant from the confirmation level, greatly reducing the chances of a bearish confirmation. Besides, the signal is suggesting to STAY LONG. It is prudent to follow the signal and continue holding this security. The Delayed Intraday Module is OFF.

Pattern Description

This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		$100⇨
05/08	0.4312	BUY	+34.5%	✔	2,225
04/29	0.4114	SELL	+4.8%	❌	2,229
04/24	0.4115	BUY	0.0%	❌	2,234
04/11	0.4062	SELL	+1.3%	❌	2,239
04/08	0.3535	BUY	+14.9%	✔ 👍	1,952
03/25	0.4646	SELL	-23.9%	✔	1,956
03/17	0.4850	BUY	-4.2%	❌	2,046
03/12	0.4735	SELL	+2.4%	❌	2,050
02/28	0.4899	BUY	-3.3%	❌	2,126
02/18	0.5000	SELL	-2.0%	✔	2,130
02/06	0.5200	BUY	-3.8%	❌	2,219
01/24	0.4850	SELL	+7.2%	❌	2,224
01/17	0.4927	BUY	-1.6%	❌	2,264
11/21	0.6569	SELL	-25.0%	✔	2,268
11/18	0.6163	BUY	+6.6%	✔	2,132
11/14	0.5618	SELL	+9.7%	❌	2,137
11/11	0.5200	BUY	+8.0%	✔	1,982
11/07	0.5005	SELL	+3.9%	❌	1,986
11/01	0.4769	BUY	+4.9%	✔	1,896
10/23	0.5940	SELL	-19.7%	✔	1,900
10/08	0.4026	BUY	+47.5%	✔ 👍	1,290
09/30	0.3880	SELL	+3.8%	❌	1,293
09/24	0.3786	BUY	+2.5%	✔	1,264
09/13	0.3924	SELL	-3.5%	✔	1,266
09/05	0.2778	BUY	+41.3%	✔ 👍	898
09/03	0.2679	SELL	+3.7%	❌	900
08/26	0.2120	BUY	+26.4%	✔ 👍	714
08/21	0.1940	SELL	+9.3%	❌	715
08/09	0.1798	BUY	+7.9%	✔	664
07/22	0.1949	SELL	-7.7%	✔	665
07/15	0.1810	BUY	+7.7%	✔	619
07/02	0.1880	SELL	-3.7%	✔	620
06/24	0.1715	BUY	+9.6%	✔	567
06/10	0.1655	SELL	+3.6%	❌	568
06/06	0.1691	BUY	-2.1%	❌	582
05/31	0.1780	SELL	-5.0%	✔	583
05/14	0.1370	BUY	+29.9%	✔ 👍	450
05/09	0.1286	SELL	+6.5%	❌	451
05/06	0.1313	BUY	-2.1%	❌	461
04/30	0.1297	SELL	+1.2%	❌	462