Title
by Americanbulls.com LLC
Last Update
23-02-2018
ALANKIT.BO
ALANKIT
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
49.9500
Change:
+2.3500
Percent change
+4.94%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH MEETING LINE pattern finally received a confirmation because the prices crossed above the confirmation level which was at 49.2000, and our valid average buying price stands now at 49.2500. The previous SHORT signal was issued on 05-02-2018, 18 days ago, when the stock price was 59.6000. Since then ALANKIT.BO has fallen by -17.37%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
23-02-201849.2500BUY 216.59
05-02-201859.6000SHORT 187.15
01-02-201864.1000BUY 204.13
15-01-201877.4000SELL 205.57
11-01-201877.1500BUY 206.35
05-01-201883.9250SELL 207.80
27-12-201762.0500BUY 154.72
21-12-201758.9500SELL 155.81
07-12-201746.9500BUY 124.97
01-12-201744.7750SELL 125.85
16-11-201737.0000BUY 104.73
07-11-201735.3500SELL 105.47
06-10-201733.0500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
23-02-201849.2500BUY 468.75
05-02-201859.6000SHORT 405.04
01-02-201864.1000BUY 441.78
15-01-201877.4000SELL 444.89
11-01-201877.1500BUY 446.58
05-01-201883.9250SELL 449.73
27-12-201762.0500BUY 334.85
21-12-201758.9500SELL 337.21
07-12-201746.9500BUY 270.46
01-12-201744.7750SELL 272.37
16-11-201737.0000BUY 226.66
07-11-201735.3500SELL 228.26
06-10-201733.0500BUY 214.91
01-09-201736.0500SELL 216.43
22-08-201733.4500BUY 202.24
09-08-201734.8500SHORT 197.18
07-08-201735.1250BUY 201.55
04-08-201734.2000SHORT 210.08
25-07-201735.1250BUY 218.81
07-07-201734.7250SELL 220.35
03-07-201734.0500BUY 217.59
07-06-201733.4000SELL 219.12
29-05-201723.7500BUY 156.91
23-05-201723.6500SELL 158.02
15-05-201721.8500BUY 147.02
25-04-201722.5500SELL 148.06
24-03-201718.6500BUY 123.32
10-03-201726.6000SHORT 96.29
08-03-201727.0500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
23-02-201849.2500BUY 1,188.53
05-02-201859.6000SHORT 1,027.00
01-02-201864.1000BUY 1,120.17
15-01-201877.4000SELL 1,128.07
11-01-201877.1500BUY 1,132.35
05-01-201883.9250SELL 1,140.33
27-12-201762.0500BUY 849.05
21-12-201758.9500SELL 855.04
07-12-201746.9500BUY 685.79
01-12-201744.7750SELL 690.62
16-11-201737.0000BUY 574.72
07-11-201735.3500SELL 578.77
06-10-201733.0500BUY 544.93
01-09-201736.0500SELL 548.77
22-08-201733.4500BUY 512.78
09-08-201734.8500SHORT 499.95
07-08-201735.1250BUY 511.02
04-08-201734.2000SHORT 532.66
25-07-201735.1250BUY 554.81
07-07-201734.7250SELL 558.72
03-07-201734.0500BUY 551.72
07-06-201733.4000SELL 555.61
29-05-201723.7500BUY 397.87
23-05-201723.6500SELL 400.67
15-05-201721.8500BUY 372.78
25-04-201722.5500SELL 375.41
24-03-201718.6500BUY 312.67
10-03-201726.6000SHORT 244.13
08-03-201727.0500BUY 251.77
06-02-201734.6500SELL 253.54
25-01-201734.5500BUY 254.59
13-01-201735.0000SELL 256.38
02-01-201731.8500BUY 234.95
20-12-201634.1500SELL 236.61
06-12-201627.3500BUY 190.83
02-12-201627.4500SHORT 192.83
23-11-201625.4500BUY 181.31
01-11-201634.5750SHORT 145.48
18-10-201633.7813BUY 144.15
29-09-201637.0187SELL 145.17
22-09-201635.8125BUY 141.43
09-09-201635.1437SELL 142.43
07-09-201634.6875BUY 141.57
01-09-201634.6375SELL 142.57
22-08-201633.2875BUY 137.98
13-07-201633.9062SELL 138.95
07-07-201633.2625BUY 137.27
27-06-201635.4750SELL 138.24
22-06-201633.1750BUY 130.19
16-06-201631.7500SELL 131.11
16-05-201626.9250BUY 111.97
20-04-201626.3250SELL 112.76
01-04-201625.4438BUY 109.75
28-03-201625.6125SELL 110.52
14-03-201624.4125BUY 106.08
04-03-201624.6062SELL 106.83
01-03-201622.7125BUY 99.30
† Trade commissions are taken as 0.70%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hindustanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hindustanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

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 Hindustanbulls.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.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

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