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BSE
NSE
Index
fx
MEP.NS
NATIONALINDIA
Mep Infrastructure Development
BUY
Close
13.05
Prev.Close
12.85
Change
+0.2000
Change%
+1.56%
BULLISH MATCHING LOW
Bought at
13.05
Open
13.00
High
13.35
Low
12.90
Close
13.05
0.00%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
INR100⇨
01-12
13.05
BUY
0.0%
88
29-11
12.85
SHORT
+1.6%
91
21-11
12.95
BUY
-0.8%
93
10-11
13.30
SELL
-2.6%
93
03-11
12.80
BUY
+3.9%
91
25-10
12.65
SELL
+1.2%
91
25-09
12.14
BUY
+4.2%
88
12-09
13.00
SELL
-6.6%
89
01-09
11.59
BUY
+12.2%
80
28-08
11.20
SHORT
+3.5%
84
24-08
11.35
BUY
-1.3%
86
18-08
11.46
SHORT
-1.0%
86
10-08
12.29
BUY
-6.8%
94
31-07
12.45
SELL
-1.3%
95
13-07
12.30
BUY
+1.2%
94
22-06
13.25
SHORT
-7.2%
89
08-06
14.56
BUY
-9.0%
99
† Trade commissions are taken as 0.70%.
Date
Price
Signal
Change%
INR100⇨
01-12
13.05
BUY
0.0%
332
29-11
12.85
SHORT
+1.6%
342
21-11
12.95
BUY
-0.8%
349
10-11
13.30
SELL
-2.6%
352
03-11
12.80
BUY
+3.9%
341
25-10
12.65
SELL
+1.2%
343
25-09
12.14
BUY
+4.2%
332
12-09
13.00
SELL
-6.6%
334
01-09
11.59
BUY
+12.2%
300
28-08
11.20
SHORT
+3.5%
315
24-08
11.35
BUY
-1.3%
324
18-08
11.46
SHORT
-1.0%
325
10-08
12.29
BUY
-6.8%
354
31-07
12.45
SELL
-1.3%
356
13-07
12.30
BUY
+1.2%
355
22-06
13.25
SHORT
-7.2%
336
08-06
14.56
BUY
-9.0%
374
06-06
13.25
SELL
+9.9%
377
22-05
13.00
BUY
+1.9%
372
21-04
14.29
SELL
-9.0%
375
11-04
13.85
BUY
+3.2%
366
08-03
16.67
SELL
-16.9%
368
27-02
15.45
BUY
+7.9%
344
13-02
15.98
SHORT
-3.3%
338
06-02
15.11
BUY
+5.8%
324
18-01
17.05
SHORT
-11.4%
295
02-01
17.83
BUY
-4.4%
313
22-12
18.66
SHORT
-4.4%
303
20-12
19.07
BUY
-2.1%
314
12-12
18.96
SELL
+0.6%
317
08-12
19.49
BUY
-2.7%
328
06-12
19.60
SELL
-0.6%
330
25-11
16.77
BUY
+16.9%
284
23-11
15.91
SHORT
+5.4%
305
21-11
15.64
BUY
+1.7%
304
15-11
16.72
SELL
-6.5%
306
03-11
15.05
BUY
+11.1%
278
24-10
14.89
SELL
+1.1%
280
20-10
15.25
BUY
-2.4%
288
17-10
15.33
SELL
-0.5%
290
03-10
11.13
BUY
+37.7%
212
26-09
13.10
SHORT
-15.0%
187
22-09
13.50
BUY
-3.0%
196
01-08
18.54
SELL
-27.2%
197
25-07
19.05
BUY
-2.7%
204
12-07
17.05
SHORT
+11.7%
234
24-06
17.27
BUY
-1.3%
241
31-05
21.95
SHORT
-21.3%
201
27-05
22.26
BUY
-1.4%
207
24-05
23.72
SHORT
-6.2%
198
16-05
21.43
BUY
+10.7%
181
10-05
23.77
SELL
-9.9%
182
18-04
20.85
BUY
+14.0%
161
05-04
20.54
SELL
+1.5%
162
31-03
19.14
BUY
+7.3%
152
14-03
20.55
SHORT
-6.9%
144
09-03
20.93
BUY
-1.8%
149
08-02
26.50
SELL
-21.0%
150
01-02
24.75
BUY
+7.1%
141
24-01
26.06
SHORT
-5.0%
136
20-01
27.32
BUY
-4.6%
145
18-01
28.29
SELL
-3.4%
146
29-12
18.88
BUY
+49.8%
98
10-12
19.60
SHORT
-3.7%
96
07-12
20.00
BUY
-2.0%
99
† Trade commissions are taken as 0.70%.
Pattern & Confirmation Chart for the Last 6 Months
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 13.03, and our valid average buying price stands now at 13.05. The previous
SHORT
signal was issued on 29-11-2023, 2 days ago, when the stock price was 12.85. Since then
MEP.NS
has risen by
+1.56%
.
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a
BUY
signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance.
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.
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