MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how MCBIM displayed a rally after the BUY signal which was issued on 20/03/2024. Since then, the gain in this stock stretched to a whopping 7%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
24/04/2024
 
MCBIM
 
Last Signal
SELL
2205
Sell Level
30.20
Sold at
30.04
Close
30.04
 
 
Bought on
24/04/2024
 
MFL
 
Last Signal
BUY
2101
Buy Level
28.29
Bought at
28.68
Close
28.95
Gain%
0.94
Bought on
24/04/2024
 
OLPL
 
Last Signal
BUY
2103
Buy Level
28.76
Bought at
28.88
Close
28.90
Gain%
0.07
Sold on
23/04/2024
 
HALEON
 
Last Signal
STAY IN CASH
1101
Buy Level
238.78
Sold at
240.46
Close
237.00
Gain%
-1.44
Bought on
23/04/2024
 
MDTL
 
Last Signal
STAY LONG
2202
Sell Level
1.4300
Bought at
1.4500
Close
1.4400
Loss%
-0.69
Sold on
23/04/2024
 
NBP
 
Last Signal
STAY IN CASH
0
 
Sold at
43.60
Close
43.27
Gain%
-0.76
Bought on
23/04/2024
 
SHEZ
 
Last Signal
STAY LONG
0
 
Bought at
101.73
Close
102.81
Gain%
1.06
Sold on
22/04/2024
 
KOSM
 
Last Signal
STAY IN CASH
2102
Buy Level
4.7600
Sold at
4.8100
Close
4.7600
Gain%
-1.04
Sold on
22/04/2024
 
NRL
 
Last Signal
STAY IN CASH
0
 
Sold at
308.95
Close
291.48
Gain%
-5.65
Bought on
22/04/2024
 
NRSL
 
Last Signal
STAY LONG
0
 
Bought at
19.48
Close
19.25
Loss%
-1.18
Bought on
22/04/2024
 
TOMCL
 
Last Signal
STAY LONG
4201
Sell Level
35.08
Bought at
29.93
Close
35.97
Gain%
20.18
Sold on
19/04/2024
 
BOP
 
Last Signal
STAY SHORT
0
 
Sold at
5.5600
Close
5.3000
Gain%
-4.68
Sold on
19/04/2024
 
DSIL
 
Last Signal
STAY IN CASH
0
 
Sold at
2.6950
Close
2.5000
Gain%
-7.24
Bought on
19/04/2024
 
ENGRO
 
Last Signal
STAY LONG
2208
Sell Level
363.66
Bought at
363.34
Close
364.98
Gain%
0.45
Sold on
18/04/2024
 
MEBL
 
Last Signal
STAY IN CASH
2102
Buy Level
224.50
Sold at
226.85
Close
215.73
Gain%
-4.90
Sold on
18/04/2024
 
THALL
 
Thal
 
Last Signal
STAY IN CASH
1102
Buy Level
341.70
Sold at
361.24
Close
341.70
Gain%
-5.41
Bought on
17/04/2024
 
BGL
 
Last Signal
STAY LONG
2203
Sell Level
8.4200
Bought at
8.5100
Close
11.01
Gain%
29.38
Sold on
17/04/2024
 
SCBPL
 
Last Signal
STAY IN CASH
2107
Buy Level
55.25
Sold at
56.44
Close
54.71
Gain%
-3.07
Sold on
16/04/2024
 
SGF
 
Last Signal
STAY IN CASH
0
 
Sold at
60.68
Close
60.09
Gain%
-0.97
Bought on
15/04/2024
 
META
 
Last Signal
STAY LONG
2206
Sell Level
13.52
Bought at
11.75
Close
14.02
Gain%
19.32
Sold on
15/04/2024
 
OLPL
 
Last Signal
BUY
2103
Buy Level
28.76
Sold at
29.63
Close
28.90
Gain%
-2.46
Bought on
09/04/2024
 
ATIL
 
Last Signal
STAY LONG
2203
Sell Level
38.53
Bought at
39.04
Close
39.25
Gain%
0.54
Bought on
08/04/2024
 
EXIDE
 
Last Signal
STAY LONG
0
 
Bought at
380.00
Close
397.00
Gain%
4.47
Bought on
03/04/2024
 
ALTN
 
Last Signal
STAY LONG
2206
Sell Level
20.92
Bought at
20.17
Close
20.98
Gain%
4.02
Sold on
03/04/2024
 
PAKRI
 
Last Signal
STAY IN CASH
2102
Buy Level
13.51
Sold at
15.17
Close
11.61
Gain%
-23.47
Bought on
03/04/2024
 
SSGC
 
Last Signal
SELL
2205
Sell Level
11.02
Bought at
10.47
Close
10.99
Gain%
4.97
Bought on
02/04/2024
 
FNEL
 
Last Signal
STAY LONG
2201
Sell Level
3.8100
Bought at
3.8200
Close
4.0100
Gain%
4.97
Sold on
02/04/2024
 
KTML
 
Last Signal
BUY
2110
Buy Level
95.96
Sold at
97.44
Close
96.12
Gain%
-1.35
Sold on
02/04/2024
 
PTC
 
Last Signal
STAY SHORT
2101
Buy Level
15.54
Sold at
16.53
Close
14.59
Gain%
-11.74
Bought on
01/04/2024
 
AHL
 
Last Signal
STAY LONG
2203
Sell Level
51.00
Bought at
45.35
Close
51.20
Gain%
12.90
Bought on
29/03/2024
 
PREMA
 
Last Signal
STAY LONG
2208
Sell Level
13.43
Bought at
12.33
Close
14.51
Gain%
17.68
Bought on
28/03/2024
 
TPLPL
 
Last Signal
SELL
2207
Sell Level
11.94
Bought at
10.93
Close
11.71
Gain%
7.14
Sold on
27/03/2024
 
CLVL
 
Last Signal
STAY IN CASH
2104
Buy Level
6.4450
Sold at
7.0700
Close
6.3000
Gain%
-10.89
Bought on
27/03/2024
 
COLG
 
Last Signal
STAY LONG
0
 
Bought at
1329.82
Close
1315.73
Loss%
-1.06
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