Title
by Americanbulls.com LLC
Last Update
20-03-2019
BSE-METAL.BO
BSE METALS
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
11,185.0900
Change:
-115.2100
Percent change
-1.02%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the values crossed below the confirmation level which was at 11,215.5900, and our valid average selling value stands now at 11,185.0900. The previous BUY signal was issued on 01-03-2019, 19 days ago, when the index value was 10,899.0000. Since then BSE-METAL.BO has risen by +2.62%.
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
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
20-03-201911,185.0900SELL 88.48
01-03-201910,899.0000BUY 86.82
27-02-201910,672.4000SELL 87.43
20-02-201910,176.7800BUY 83.96
04-02-201910,503.8400SHORT 82.58
30-01-201910,713.9300BUY 85.42
10-01-201911,133.6400SHORT 83.48
08-01-201911,281.6400BUY 85.79
02-01-201911,565.2300SHORT 84.92
31-12-201811,804.3700BUY 87.90
20-12-201811,895.7200SELL 88.52
12-12-201811,526.3300BUY 86.38
06-12-201811,539.3200SHORT 87.50
03-12-201812,084.9100BUY 92.93
31-10-201812,540.7600SHORT 90.94
29-10-201812,706.0600BUY 93.44
22-10-201812,755.6500SHORT 94.39
10-10-201812,991.7800BUY 97.50
28-09-201813,927.7200SELL 98.19
26-09-201813,986.8900BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-201911,185.0900SELL 85.16
01-03-201910,899.0000BUY 83.57
27-02-201910,672.4000SELL 84.16
20-02-201910,176.7800BUY 80.82
04-02-201910,503.8400SHORT 79.49
30-01-201910,713.9300BUY 82.23
10-01-201911,133.6400SHORT 80.36
08-01-201911,281.6400BUY 82.58
02-01-201911,565.2300SHORT 81.74
31-12-201811,804.3700BUY 84.61
20-12-201811,895.7200SELL 85.21
12-12-201811,526.3300BUY 83.15
06-12-201811,539.3200SHORT 84.23
03-12-201812,084.9100BUY 89.46
31-10-201812,540.7600SHORT 87.54
29-10-201812,706.0600BUY 89.95
22-10-201812,755.6500SHORT 90.87
10-10-201812,991.7800BUY 93.86
28-09-201813,927.7200SELL 94.52
26-09-201813,986.8900BUY 95.59
18-09-201813,933.1850SELL 96.26
14-09-201813,930.6000BUY 96.92
11-09-201813,750.0800SELL 97.60
07-09-201813,923.2550BUY 99.53
31-08-201813,821.8900SELL 100.23
20-08-201813,003.9400BUY 94.96
13-08-201812,940.6500SELL 95.63
24-07-201811,973.7300BUY 89.11
12-07-201812,580.0200SHORT 86.22
10-07-201812,860.7450BUY 89.39
11-06-201813,805.5900SELL 90.02
25-05-201813,357.2650BUY 87.71
21-05-201813,501.1000SHORT 88.01
11-05-201814,037.6000BUY 92.80
04-05-201813,886.1800SELL 93.45
27-04-201814,231.5500BUY 96.45
25-04-201814,236.6200SELL 97.13
05-04-201813,532.2850BUY 92.98
04-04-201813,301.9600SHORT 95.96
27-03-201813,572.3400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-201911,185.0900SELL 78.23
01-03-201910,899.0000BUY 76.77
27-02-201910,672.4000SELL 77.31
20-02-201910,176.7800BUY 74.24
04-02-201910,503.8400SHORT 73.02
30-01-201910,713.9300BUY 75.53
10-01-201911,133.6400SHORT 73.82
08-01-201911,281.6400BUY 75.86
02-01-201911,565.2300SHORT 75.09
31-12-201811,804.3700BUY 77.73
20-12-201811,895.7200SELL 78.28
12-12-201811,526.3300BUY 76.38
06-12-201811,539.3200SHORT 77.37
03-12-201812,084.9100BUY 82.17
31-10-201812,540.7600SHORT 80.41
29-10-201812,706.0600BUY 82.62
22-10-201812,755.6500SHORT 83.46
10-10-201812,991.7800BUY 86.21
28-09-201813,927.7200SELL 86.82
26-09-201813,986.8900BUY 87.80
18-09-201813,933.1850SELL 88.42
14-09-201813,930.6000BUY 89.03
11-09-201813,750.0800SELL 89.66
07-09-201813,923.2550BUY 91.43
31-08-201813,821.8900SELL 92.07
20-08-201813,003.9400BUY 87.23
13-08-201812,940.6500SELL 87.84
24-07-201811,973.7300BUY 81.85
12-07-201812,580.0200SHORT 79.19
10-07-201812,860.7450BUY 82.10
11-06-201813,805.5900SELL 82.68
25-05-201813,357.2650BUY 80.56
21-05-201813,501.1000SHORT 80.84
11-05-201814,037.6000BUY 85.24
04-05-201813,886.1800SELL 85.84
27-04-201814,231.5500BUY 88.59
25-04-201814,236.6200SELL 89.21
05-04-201813,532.2850BUY 85.39
04-04-201813,301.9600SHORT 88.12
27-03-201813,572.3400BUY 91.18
15-03-201814,270.5400SHORT 88.16
13-03-201814,374.8700BUY 90.06
28-02-201815,173.8000SELL 90.69
23-02-201815,113.8000BUY 90.97
19-02-201815,068.6500SHORT 92.53
09-02-201814,968.3800BUY 93.21
30-01-201815,622.2200SELL 93.87
23-01-201815,430.1950BUY 93.37
16-01-201815,547.0000SELL 94.03
15-12-201713,758.5600BUY 83.80
13-12-201713,628.7800SHORT 85.80
08-12-201713,677.5600BUY 87.33
14-11-201714,274.1500SHORT 85.01
10-11-201714,633.6200BUY 88.38
08-11-201714,688.9900SELL 89.00
24-10-201714,689.9100BUY 89.63
18-10-201714,675.8500SELL 90.26
13-10-201714,354.2100BUY 88.90
11-10-201714,115.6200SELL 89.53
29-09-201713,499.0400BUY 86.22
13-09-201714,101.1250SELL 86.83
01-09-201713,357.7100BUY 82.83
29-08-201712,975.3800SELL 83.41
23-08-201712,949.3800BUY 83.83
18-08-201712,941.5000SELL 84.42
16-08-201712,816.0800BUY 84.19
11-08-201712,458.2900SELL 84.78
07-08-201712,686.1000BUY 86.94
03-08-201712,459.1800SELL 87.55
01-08-201712,523.3300BUY 88.62
28-07-201712,311.6900SELL 89.24
26-07-201712,447.4300BUY 90.86
24-07-201712,135.6200SELL 91.50
05-07-201711,691.5600BUY 88.77
13-06-201711,271.3200SELL 89.40
09-06-201711,277.2600BUY 90.08
01-06-201711,205.6000SELL 90.72
26-05-201711,098.7400BUY 90.49
19-05-201711,206.1500SELL 91.13
17-05-201711,402.9400BUY 93.38
04-05-201711,117.1800SHORT 97.20
25-04-201711,199.4000BUY 99.30
† Trade commissions are taken as 0.70%.

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