Title
by Americanbulls.com LLC
Last Update
24-03-2023
MANGIND.BO
Mangalam Industrial Finance
Last Signal: STAY LONG
Last Pattern: BEARISH MEETING LINE
Last Close:
2.6600
Change:
-0.0100
Percent change
-0.37%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 20-03-2023, 4 days ago, when the stock price was 2.0700. Since then MANGIND.BO has risen by +28.50%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20232.0700BUY 108.31
04-01-20233.9100SHORT 74.69
28-12-20224.0300BUY 78.07
14-12-20224.5200SHORT 71.43
09-12-20224.6900BUY 75.17
02-12-20224.8300SELL 75.70
24-11-20225.1600BUY 81.44
22-11-20224.8400SELL 82.01
16-11-20224.6200BUY 78.83
27-10-20224.6400SHORT 79.60
18-10-20225.0500BUY 87.86
14-10-20224.8000SHORT 94.00
11-10-20225.0000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20232.0700BUY 99.13
04-01-20233.9100SHORT 68.36
28-12-20224.0300BUY 71.46
14-12-20224.5200SHORT 65.38
09-12-20224.6900BUY 68.80
02-12-20224.8300SELL 69.29
24-11-20225.1600BUY 74.55
22-11-20224.8400SELL 75.08
16-11-20224.6200BUY 72.17
27-10-20224.6400SHORT 72.88
18-10-20225.0500BUY 80.44
14-10-20224.8000SHORT 86.06
11-10-20225.0000BUY 90.91
09-09-20225.0850SELL 91.55
07-09-20224.8300BUY 87.57
18-08-20225.3950SELL 88.19
11-08-20224.3300BUY 71.28
04-08-20224.1700SHORT 75.17
01-08-20224.3100BUY 78.79
14-07-20224.0900SELL 79.35
24-06-20224.0800BUY 79.71
02-06-20225.0200SELL 80.27
27-05-20225.0600BUY 81.48
19-05-20225.1400SHORT 81.37
13-05-20224.6400BUY 74.49
20-04-20226.9500SELL 75.02
11-04-20227.0600BUY 76.74
05-04-20225.9900SHORT 94.75
31-03-20226.1900BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
20-03-20232.0700BUY 298.86
04-01-20233.9100SHORT 206.10
28-12-20224.0300BUY 215.43
14-12-20224.5200SHORT 197.11
09-12-20224.6900BUY 207.42
02-12-20224.8300SELL 208.88
24-11-20225.1600BUY 224.72
22-11-20224.8400SELL 226.30
16-11-20224.6200BUY 217.54
27-10-20224.6400SHORT 219.67
18-10-20225.0500BUY 242.46
14-10-20224.8000SHORT 259.40
11-10-20225.0000BUY 274.03
09-09-20225.0850SELL 275.96
07-09-20224.8300BUY 263.97
18-08-20225.3950SELL 265.83
11-08-20224.3300BUY 214.86
04-08-20224.1700SHORT 226.59
01-08-20224.3100BUY 237.51
14-07-20224.0900SELL 239.18
24-06-20224.0800BUY 240.28
02-06-20225.0200SELL 241.97
27-05-20225.0600BUY 245.62
19-05-20225.1400SHORT 245.28
13-05-20224.6400BUY 224.55
20-04-20226.9500SELL 226.13
11-04-20227.0600BUY 231.33
05-04-20225.9900SHORT 285.62
31-03-20226.1900BUY 299.33
11-03-20227.1800SELL 301.44
08-03-20226.6500BUY 281.16
08-02-20227.6100SHORT 253.20
27-01-20228.0900BUY 272.98
18-01-20228.7400SELL 274.90
23-11-20213.1350BUY 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.