Title
by Americanbulls.com LLC
Last Update
17-01-2019
MANAKSTEEL.NS
MANAKSIA STEELS
Last Signal: STAY LONG
Last Pattern: BEARISH ENGULFING
Last Close:
19.5500
Change:
-0.1500
Percent change
-0.76%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 10-01-2019, 7 days ago, when the stock price was 19.7500. Since then MANAKSTEEL.NS has fallen by -1.01%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
10-01-201919.7500BUY 154.84
17-12-201825.7400SELL 155.93
12-12-201825.3000BUY 154.34
28-11-201825.7900SELL 155.43
15-11-201819.2400BUY 116.77
12-11-201819.0500SELL 117.59
29-10-201818.8300BUY 117.05
19-10-201819.3500SELL 117.88
12-10-201818.6800BUY 114.60
28-09-201818.7100SHORT 116.04
26-09-201819.8650BUY 124.95
31-08-201825.3150SHORT 104.27
20-08-201825.6750BUY 107.25
02-08-201828.2100SHORT 99.80
24-07-201828.1000BUY 100.82
19-07-201828.9600SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
10-01-201919.7500BUY 100.05
17-12-201825.7400SELL 100.76
12-12-201825.3000BUY 99.74
28-11-201825.7900SELL 100.44
15-11-201819.2400BUY 75.46
12-11-201819.0500SELL 75.99
29-10-201818.8300BUY 75.64
19-10-201819.3500SELL 76.17
12-10-201818.6800BUY 74.05
28-09-201818.7100SHORT 74.98
26-09-201819.8650BUY 80.74
31-08-201825.3150SHORT 67.38
20-08-201825.6750BUY 69.30
02-08-201828.2100SHORT 64.49
24-07-201828.1000BUY 65.15
19-07-201828.9600SHORT 64.17
06-07-201828.4800BUY 64.00
28-06-201827.9500SELL 64.45
11-06-201830.0500BUY 69.78
29-05-201825.7000SHORT 85.18
24-05-201826.2600BUY 88.27
14-05-201829.3000SHORT 81.10
08-05-201831.5100BUY 88.45
03-05-201830.2500SHORT 93.60
26-04-201830.9000BUY 96.96
23-04-201832.3500SELL 97.64
19-04-201832.6200BUY 99.15
16-04-201830.9800SELL 99.85
16-03-201831.3500BUY 101.75
06-03-201833.5100SHORT 96.94
01-03-201835.2500BUY 103.42
15-02-201838.5100SHORT 96.70
06-02-201836.8500BUY 93.84
02-02-201837.9600SHORT 92.46
31-01-201840.2000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
10-01-201919.7500BUY 231.94
17-12-201825.7400SELL 233.57
12-12-201825.3000BUY 231.20
28-11-201825.7900SELL 232.83
15-11-201819.2400BUY 174.92
12-11-201819.0500SELL 176.15
29-10-201818.8300BUY 175.34
19-10-201819.3500SELL 176.58
12-10-201818.6800BUY 171.67
28-09-201818.7100SHORT 173.82
26-09-201819.8650BUY 187.16
31-08-201825.3150SHORT 156.18
20-08-201825.6750BUY 160.64
02-08-201828.2100SHORT 149.48
24-07-201828.1000BUY 151.00
19-07-201828.9600SHORT 148.72
06-07-201828.4800BUY 148.32
28-06-201827.9500SELL 149.37
11-06-201830.0500BUY 161.72
29-05-201825.7000SHORT 197.42
24-05-201826.2600BUY 204.58
14-05-201829.3000SHORT 187.97
08-05-201831.5100BUY 205.01
03-05-201830.2500SHORT 216.95
26-04-201830.9000BUY 224.75
23-04-201832.3500SELL 226.33
19-04-201832.6200BUY 229.83
16-04-201830.9800SELL 231.45
16-03-201831.3500BUY 235.87
06-03-201833.5100SHORT 224.72
01-03-201835.2500BUY 239.73
15-02-201838.5100SHORT 224.15
06-02-201836.8500BUY 217.52
02-02-201837.9600SHORT 214.33
31-01-201840.2000BUY 230.19
15-01-201847.5700SELL 231.81
26-12-201739.8300BUY 195.46
18-12-201738.3100SHORT 206.41
14-12-201738.9000BUY 212.55
04-12-201743.7100SELL 214.05
16-11-201743.8500BUY 216.25
02-11-201748.6600SELL 217.77
17-10-201731.6500BUY 142.64
09-10-201731.7000SELL 143.65
16-08-201720.3000BUY 92.64
10-08-201720.3400SHORT 93.77
08-08-201722.0000BUY 102.86
27-07-201722.4950SELL 103.59
17-07-201723.5050BUY 109.00
11-07-201724.5500SELL 109.77
29-06-201720.6000BUY 92.76
21-06-201716.8300SHORT 121.23
05-06-201718.4000BUY 134.41
31-05-201717.5700SHORT 143.07
09-05-201717.2700BUY 142.62
13-04-201717.0800SELL 143.63
03-04-201713.3800BUY 113.31
22-03-201712.7500SELL 114.11
08-03-201713.9300BUY 125.55
14-02-201713.8600SELL 126.44
09-02-201710.9000BUY 100.14
27-01-201710.7900SELL 100.85
24-01-201710.5500BUY 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.