Title
by Americanbulls.com LLC
Last Update
04-12-2020
BPL.NS
BPL
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
24.5500
Change:
-0.2500
Percent change
-1.01%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 24.7000, and our valid average selling price stands now at 24.5500. The previous BUY signal was issued on 23-11-2020, 11 days ago, when the stock price was 21.0400. Since then BPL.NS has risen by +16.68%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
04-12-202024.5500SELL 156.94
23-11-202021.0400BUY 135.45
19-11-202020.3100SELL 136.40
11-11-202017.7100BUY 119.78
06-10-202018.6500SELL 120.62
30-09-202017.6100BUY 114.70
17-09-202019.0700SHORT 108.05
14-09-202018.7200BUY 107.57
25-08-202022.1000SELL 108.33
20-08-202022.0000BUY 108.60
18-08-202020.5600SELL 109.37
21-07-202017.7500BUY 95.09
16-07-202018.3300SHORT 93.48
13-07-202019.2000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
04-12-202024.5500SELL 477.39
23-11-202021.0400BUY 412.02
19-11-202020.3100SELL 414.92
11-11-202017.7100BUY 364.35
06-10-202018.6500SELL 366.92
30-09-202017.6100BUY 348.90
17-09-202019.0700SHORT 328.67
14-09-202018.7200BUY 327.20
25-08-202022.1000SELL 329.51
20-08-202022.0000BUY 330.33
18-08-202020.5600SELL 332.66
21-07-202017.7500BUY 289.22
16-07-202018.3300SHORT 284.32
13-07-202019.2000BUY 302.03
06-07-202020.6100SELL 304.16
22-05-202014.6500BUY 217.73
18-05-202014.8100SHORT 218.45
14-05-202015.4500BUY 231.11
24-04-202015.8500SELL 232.74
26-03-20209.5900BUY 141.81
18-02-202020.4600SHORT 93.92
04-02-202021.6500BUY 100.79
01-02-202021.7900SHORT 101.56
29-01-202022.2000BUY 104.94
15-01-202022.5400SELL 105.68
08-01-202020.1800BUY 95.28
06-01-202019.4200SELL 95.95
27-12-201918.7200BUY 93.14
05-12-201917.8500SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
04-12-202024.5500SELL 1,060.01
23-11-202021.0400BUY 914.86
19-11-202020.3100SELL 921.31
11-11-202017.7100BUY 809.03
06-10-202018.6500SELL 814.73
30-09-202017.6100BUY 774.72
17-09-202019.0700SHORT 729.81
14-09-202018.7200BUY 726.55
25-08-202022.1000SELL 731.67
20-08-202022.0000BUY 733.49
18-08-202020.5600SELL 738.66
21-07-202017.7500BUY 642.20
16-07-202018.3300SHORT 631.31
13-07-202019.2000BUY 670.63
06-07-202020.6100SELL 675.36
22-05-202014.6500BUY 483.44
18-05-202014.8100SHORT 485.04
14-05-202015.4500BUY 513.16
24-04-202015.8500SELL 516.78
26-03-20209.5900BUY 314.88
18-02-202020.4600SHORT 208.54
04-02-202021.6500BUY 223.79
01-02-202021.7900SHORT 225.51
29-01-202022.2000BUY 233.00
15-01-202022.5400SELL 234.64
08-01-202020.1800BUY 211.55
06-01-202019.4200SELL 213.04
27-12-201918.7200BUY 206.81
05-12-201917.8500SHORT 220.48
27-11-201918.7500BUY 234.87
18-11-201919.2550SHORT 232.11
11-11-201919.1700BUY 234.35
25-09-201920.6100SELL 236.00
27-08-201915.1300BUY 174.47
08-08-201918.6050SHORT 149.09
06-08-201917.7600BUY 144.33
28-06-201921.8500SHORT 123.29
20-06-201922.8500BUY 130.76
14-06-201923.0500SHORT 131.47
12-06-201923.9500BUY 138.54
03-06-201925.6600SELL 139.52
16-05-201920.4300BUY 111.87
07-05-201924.2000SHORT 98.16
03-05-201925.0350BUY 102.98
02-04-201927.0500SELL 103.71
29-03-201926.5000BUY 102.32
14-03-201929.3300SELL 103.04
01-03-201926.7400BUY 94.60
27-02-201926.3600SHORT 97.34
18-02-201924.7200BUY 92.58
24-01-201940.2200SELL 93.23
19-12-201842.5400BUY 99.30
† Trade commissions are taken as 0.70%.

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