Title
by Americanbulls.com LLC
Last Update
12-08-2020
BGRENERGY.BO
BGR ENERGY SYSTEMS
Last Signal: STAY SHORT
Last Pattern: BULLISH MEETING LINE
Last Close:
40.0000
Change:
+0.2000
Percent change
+0.50%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 08-07-2020, 35 days ago, when the stock price was 55.4600. Since then BGRENERGY.BO has fallen by -27.88%.
Market Outlook
Alarm bells are ringing for those holding short positions. We are on the verge of telling an end to the bearish phase in the market and acknowledge the ascendancy of the bulls. 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⇨ 
08-07-202055.4600SHORT 386.48
28-05-202025.1400BUY 177.67
19-05-202025.3500SELL 178.92
14-05-202023.4800BUY 166.89
04-05-202023.6850SELL 168.07
13-04-202021.7200BUY 155.21
08-04-202021.9700SHORT 155.63
26-03-202020.4350BUY 146.80
19-02-202040.8100SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
08-07-202055.4600SHORT 420.89
28-05-202025.1400BUY 193.49
19-05-202025.3500SELL 194.85
14-05-202023.4800BUY 181.75
04-05-202023.6850SELL 183.03
13-04-202021.7200BUY 169.03
08-04-202021.9700SHORT 169.49
26-03-202020.4350BUY 159.88
19-02-202040.8100SHORT 108.15
06-02-202036.3100BUY 97.59
29-01-202039.9700SELL 98.28
27-01-202039.4700BUY 97.73
22-01-202037.5800SELL 98.42
09-01-202036.4500BUY 96.13
18-12-201938.0300SELL 96.81
13-12-201931.6700BUY 81.19
11-12-201929.8200SHORT 87.79
09-12-201930.1200BUY 89.93
29-11-201931.1700SHORT 88.23
25-11-201930.2700BUY 86.89
05-11-201934.0500SELL 87.50
01-11-201933.8000BUY 87.47
24-10-201931.7100SHORT 94.97
18-10-201932.2800BUY 98.05
01-10-201934.7500SELL 98.74
27-09-201936.5500BUY 104.59
18-09-201936.6800SELL 105.33
27-08-201935.8000BUY 103.53
16-08-201937.9800SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
08-07-202055.4600SHORT 419.98
28-05-202025.1400BUY 193.07
19-05-202025.3500SELL 194.43
14-05-202023.4800BUY 181.36
04-05-202023.6850SELL 182.64
13-04-202021.7200BUY 168.67
08-04-202021.9700SHORT 169.13
26-03-202020.4350BUY 159.54
19-02-202040.8100SHORT 107.92
06-02-202036.3100BUY 97.38
29-01-202039.9700SELL 98.07
27-01-202039.4700BUY 97.53
22-01-202037.5800SELL 98.22
09-01-202036.4500BUY 95.94
18-12-201938.0300SELL 96.62
13-12-201931.6700BUY 81.03
11-12-201929.8200SHORT 87.61
09-12-201930.1200BUY 89.74
29-11-201931.1700SHORT 88.04
25-11-201930.2700BUY 86.71
05-11-201934.0500SELL 87.32
01-11-201933.8000BUY 87.29
24-10-201931.7100SHORT 94.77
18-10-201932.2800BUY 97.84
01-10-201934.7500SELL 98.53
27-09-201936.5500BUY 104.36
18-09-201936.6800SELL 105.10
27-08-201935.8000BUY 103.30
16-08-201937.9800SHORT 99.07
06-08-201940.2800BUY 106.56
29-07-201944.5300SHORT 98.65
23-07-201945.5500BUY 102.34
19-07-201947.3950SHORT 99.90
17-07-201947.8550BUY 102.30
05-07-201952.1900SHORT 95.79
21-06-201946.9700BUY 87.43
04-06-201959.3500SELL 88.05
22-05-201955.0500BUY 82.25
14-05-201952.6500SHORT 87.40
10-05-201952.2500BUY 87.96
18-04-201961.1400SHORT 77.88
11-04-201962.0350BUY 80.14
02-04-201962.6300SELL 80.70
28-03-201963.3000BUY 82.14
22-03-201961.7500SELL 82.72
07-03-201962.1100BUY 83.79
28-02-201948.7500SHORT 117.06
25-02-201950.2400BUY 122.34
10-01-201960.8500SELL 123.20
07-01-201961.1000BUY 124.58
03-01-201960.5400SHORT 127.52
27-12-201860.8000BUY 129.88
21-12-201860.8000SELL 130.80
12-12-201857.5400BUY 124.66
05-12-201860.2400SELL 125.54
03-12-201861.7600BUY 129.61
13-11-201867.5000SELL 130.52
29-10-201853.1350BUY 103.47
19-10-201857.5500SELL 104.20
12-10-201854.4600BUY 99.30
† Trade commissions are taken as 0.70%.

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