Title
by Americanbulls.com LLC
Last Update
22-03-2019
MBECL.NS
MCNALLY BHARAT ENGINEERING COMP
Last Signal: BUY
Last Pattern: BULLISH MATCHING LOW
Last Close:
8.0000
Change:
+0.1000
Percent change
+1.27%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH MATCHING LOW pattern finally received a confirmation because the prices crossed above the confirmation level which was at 7.9500, and our valid average buying price stands now at 8.0000. The previous SELL signal was issued on 14-03-2019, 8 days ago, when the stock price was 8.1500. Since then MBECL.NS has fallen by -1.84%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
22-03-20198.0000BUY 168.21
14-03-20198.1500SELL 169.40
12-03-20198.4500BUY 176.87
05-03-20198.4900SELL 178.12
25-02-20197.6000BUY 160.57
20-02-20197.7250SHORT 160.25
08-02-20197.9750BUY 167.78
01-02-20198.8400SHORT 154.99
24-01-20199.1500BUY 162.69
17-01-201910.3500SHORT 147.85
11-01-20199.2100BUY 133.43
11-12-201811.9500SHORT 110.08
03-12-201812.6300BUY 117.99
14-11-201817.4000SELL 118.82
02-11-201814.4400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-20198.0000BUY 227.18
14-03-20198.1500SELL 228.78
12-03-20198.4500BUY 238.87
05-03-20198.4900SELL 240.55
25-02-20197.6000BUY 216.85
20-02-20197.7250SHORT 216.42
08-02-20197.9750BUY 226.59
01-02-20198.8400SHORT 209.31
24-01-20199.1500BUY 219.72
17-01-201910.3500SHORT 199.68
11-01-20199.2100BUY 180.20
11-12-201811.9500SHORT 148.66
03-12-201812.6300BUY 159.34
14-11-201817.4000SELL 160.46
02-11-201814.4400BUY 134.10
12-09-201838.2000SELL 135.05
30-08-201834.7200BUY 123.61
28-08-201832.3900SHORT 135.08
23-08-201833.0500BUY 139.78
03-08-201838.9400SELL 140.77
26-07-201835.2200BUY 128.22
20-06-201842.2300SHORT 111.52
18-06-201843.3000BUY 115.96
04-06-201843.8000SHORT 116.27
22-05-201843.1800BUY 116.25
02-05-201857.7700SHORT 94.12
25-04-201859.3000BUY 97.98
10-04-201863.4400SELL 98.67
05-04-201863.4000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
22-03-20198.0000BUY 306.40
14-03-20198.1500SELL 308.56
12-03-20198.4500BUY 322.17
05-03-20198.4900SELL 324.44
25-02-20197.6000BUY 292.48
20-02-20197.7250SHORT 291.89
08-02-20197.9750BUY 305.60
01-02-20198.8400SHORT 282.30
24-01-20199.1500BUY 296.33
17-01-201910.3500SHORT 269.30
11-01-20199.2100BUY 243.03
11-12-201811.9500SHORT 200.50
03-12-201812.6300BUY 214.91
14-11-201817.4000SELL 216.42
02-11-201814.4400BUY 180.87
12-09-201838.2000SELL 182.15
30-08-201834.7200BUY 166.72
28-08-201832.3900SHORT 182.18
23-08-201833.0500BUY 188.52
03-08-201838.9400SELL 189.85
26-07-201835.2200BUY 172.92
20-06-201842.2300SHORT 150.40
18-06-201843.3000BUY 156.39
04-06-201843.8000SHORT 156.81
22-05-201843.1800BUY 156.78
02-05-201857.7700SHORT 126.94
25-04-201859.3000BUY 132.15
10-04-201863.4400SELL 133.08
05-04-201863.4000BUY 133.93
19-03-201860.2600SHORT 143.29
14-03-201861.5500BUY 148.43
26-02-201865.4000SELL 149.48
22-02-201865.2500BUY 150.19
15-02-201863.0000SELL 151.25
08-02-201862.6000BUY 151.35
31-01-201861.0000SELL 152.42
23-01-201867.5000BUY 169.85
11-01-201866.8000SELL 171.05
08-01-201860.4300BUY 155.83
01-01-201860.2100SELL 156.93
19-12-201759.0500BUY 154.99
07-12-201758.7200SELL 156.08
01-12-201758.1850BUY 155.75
21-11-201756.6400SHORT 162.38
17-11-201758.9100BUY 171.28
08-11-201760.0500SELL 172.49
31-10-201759.0200BUY 170.73
13-10-201761.6100SHORT 166.16
09-10-201761.2000BUY 167.39
21-09-201764.6300SHORT 161.20
14-09-201765.6750BUY 166.12
06-09-201765.5800SELL 167.29
14-08-201764.7000BUY 166.21
01-08-201773.5200SELL 167.38
19-07-201762.9500BUY 144.33
13-07-201762.1000SELL 145.35
04-07-201751.7200BUY 121.91
30-06-201747.7000SELL 122.77
14-06-201739.3250BUY 101.93
09-06-201739.3000SHORT 103.44
31-05-201740.6150BUY 108.41
21-04-201749.3300SHORT 93.44
03-04-201752.0000BUY 99.89
28-03-201753.0700SHORT 99.30
† Trade commissions are taken as 0.70%.

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