Title
by Americanbulls.com LLC
Last Update
19-10-2018
MANAKSTEEL.NS
MANAKSIA STEELS
Last Signal: SELL
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
18.3500
Change:
-1.3500
Percent change
-6.85%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 19.5500, and our valid average selling price stands now at 19.5000. The previous BUY signal was issued on 12-10-2018, 7 days ago, when the stock price was 18.5500. Since then MANAKSTEEL.NS has risen by +5.12%.
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 pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
19-10-201819.5000SELL 91.91
12-10-201818.5500BUY 88.05
28-09-201818.8500SHORT 87.90
26-09-201819.7250BUY 93.28
31-08-201825.5250SHORT 77.08
20-08-201825.4750BUY 78.02
02-08-201828.4500SHORT 71.63
25-07-201828.1500BUY 71.88
19-07-201829.2000SHORT 70.37
06-07-201829.1750BUY 71.30
28-06-201828.2000SELL 71.80
11-06-201830.0500BUY 77.05
29-05-201825.8500SHORT 93.30
24-05-201826.0500BUY 95.35
14-05-201829.5500SHORT 86.46
08-05-201831.2500BUY 92.73
03-05-201830.4500SHORT 96.58
26-04-201830.6750BUY 98.67
23-04-201832.6000SELL 99.37
19-04-201832.3500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-10-201819.5000SELL 139.63
12-10-201818.5500BUY 133.76
28-09-201818.8500SHORT 133.53
26-09-201819.7250BUY 141.70
31-08-201825.5250SHORT 117.10
20-08-201825.4750BUY 118.52
02-08-201828.4500SHORT 108.82
25-07-201828.1500BUY 109.20
19-07-201829.2000SHORT 106.90
06-07-201829.1750BUY 108.32
28-06-201828.2000SELL 109.08
11-06-201830.0500BUY 117.05
29-05-201825.8500SHORT 141.73
24-05-201826.0500BUY 144.85
14-05-201829.5500SHORT 131.34
08-05-201831.2500BUY 140.86
03-05-201830.4500SHORT 146.71
26-04-201830.6750BUY 149.89
23-04-201832.6000SELL 150.95
19-04-201832.3500BUY 150.85
10-04-201835.3000SELL 151.91
16-03-201831.0500BUY 134.56
06-03-201833.8000SHORT 126.20
01-03-201834.9500BUY 132.34
15-02-201838.8500SHORT 121.97
06-02-201836.8000BUY 117.17
02-02-201838.3000SHORT 114.35
31-01-201840.1500BUY 121.57
15-01-201848.0000SELL 122.43
14-12-201738.6000BUY 99.15
04-12-201744.1000SELL 99.85
16-11-201743.5500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
19-10-201819.5000SELL 406.04
12-10-201818.5500BUY 388.98
28-09-201818.8500SHORT 388.30
26-09-201819.7250BUY 412.07
31-08-201825.5250SHORT 340.52
20-08-201825.4750BUY 344.66
02-08-201828.4500SHORT 316.45
25-07-201828.1500BUY 317.54
19-07-201829.2000SHORT 310.85
06-07-201829.1750BUY 314.98
28-06-201828.2000SELL 317.20
11-06-201830.0500BUY 340.39
29-05-201825.8500SHORT 412.18
24-05-201826.0500BUY 421.25
14-05-201829.5500SHORT 381.97
08-05-201831.2500BUY 409.66
03-05-201830.4500SHORT 426.67
26-04-201830.6750BUY 435.90
23-04-201832.6000SELL 438.97
19-04-201832.3500BUY 438.67
10-04-201835.3000SELL 441.76
16-03-201831.0500BUY 391.31
06-03-201833.8000SHORT 366.99
01-03-201834.9500BUY 384.85
15-02-201838.8500SHORT 354.69
06-02-201836.8000BUY 340.73
02-02-201838.3000SHORT 332.53
31-01-201840.1500BUY 353.52
15-01-201848.0000SELL 356.01
14-12-201738.6000BUY 288.31
04-12-201744.1000SELL 290.34
16-11-201743.5500BUY 288.74
02-11-201749.1000SELL 290.78
17-10-201731.6000BUY 188.46
09-10-201731.7000SELL 189.79
16-08-201720.1500BUY 121.49
10-08-201720.5000SHORT 121.14
08-08-201721.8500BUY 130.94
27-07-201722.6750SELL 131.86
17-07-201723.3250BUY 136.60
11-07-201724.7500SELL 137.56
29-06-201720.4500BUY 114.46
21-06-201716.9500SHORT 146.29
05-06-201718.3500BUY 160.61
31-05-201717.7000SHORT 169.09
09-05-201717.1500BUY 166.15
13-04-201717.2000SELL 167.32
03-04-201713.3000BUY 130.29
21-03-201713.3750SELL 131.21
02-03-201713.7500BUY 135.84
14-02-201713.9500SELL 136.80
09-02-201710.8500BUY 107.15
27-01-201710.8500SELL 107.91
24-01-201710.5000BUY 105.17
20-01-20179.8000SELL 105.91
04-01-20179.1000BUY 99.04
13-12-20169.0000SELL 99.74
24-11-20168.5500BUY 95.42
04-11-20168.6500SHORT 95.66
01-11-20168.8750BUY 99.54
26-10-20169.2000SELL 100.24
24-10-20169.0500BUY 99.30
† Trade commissions are taken as 0.70%.

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