Title
by Americanbulls.com LLC
Last Update
06/05/2021
BCL
BOLAN CASTINGS
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
100.4400
Change:
+5.4400
Percent change
+5.73%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH MEETING LINE pattern finally received a confirmation because the prices crossed above the confirmation level which was at 95.0000, and our valid average buying price stands now at 96.7200. The previous SELL signal was issued on 04/05/2021, 2 days ago, when the stock price was 99.1550. Since then BCL has fallen by -2.46%.
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. 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 during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
06/05/202196.7200BUY 108.99
04/05/202199.1550SELL 109.76
28/04/202192.2700BUY 102.86
25/03/2021101.3200SELL 103.59
16/03/2021105.7500BUY 108.88
18/02/2021117.6800SHORT 100.26
21/01/2021112.8400BUY 97.50
14/01/2021115.9900SELL 98.19
06/01/2021111.8400BUY 95.34
04/01/2021105.1800SHORT 103.23
11/12/202099.7600BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
06/05/202196.7200BUY 224.76
04/05/202199.1550SELL 226.34
28/04/202192.2700BUY 212.11
25/03/2021101.3200SELL 213.61
16/03/2021105.7500BUY 224.52
18/02/2021117.6800SHORT 206.74
21/01/2021112.8400BUY 201.04
14/01/2021115.9900SELL 202.46
06/01/2021111.8400BUY 196.59
04/01/2021105.1800SHORT 212.85
11/12/202099.7600BUY 204.74
02/12/2020103.1000SELL 206.18
03/11/202064.7500BUY 130.40
29/10/202068.4700SELL 131.32
21/10/202060.5600BUY 116.97
30/09/202066.5800SHORT 108.79
28/09/202070.5300BUY 116.88
15/09/202078.0650SELL 117.70
11/09/202074.1000BUY 112.51
08/09/202069.9800SHORT 121.24
28/08/202071.4100BUY 125.47
26/08/202072.4400SHORT 125.46
21/08/202073.0200BUY 128.25
13/08/202071.4300SHORT 133.03
24/07/202075.5600BUY 142.71
21/07/202071.9300SELL 143.72
17/06/202049.3500BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
06/05/202196.7200BUY 346.82
04/05/202199.1550SELL 349.26
28/04/202192.2700BUY 327.30
25/03/2021101.3200SELL 329.61
16/03/2021105.7500BUY 346.45
18/02/2021117.6800SHORT 319.01
21/01/2021112.8400BUY 310.22
14/01/2021115.9900SELL 312.41
06/01/2021111.8400BUY 303.36
04/01/2021105.1800SHORT 328.45
11/12/202099.7600BUY 315.93
02/12/2020103.1000SELL 318.16
03/11/202064.7500BUY 201.22
29/10/202068.4700SELL 202.64
21/10/202060.5600BUY 180.49
30/09/202066.5800SHORT 167.87
28/09/202070.5300BUY 180.35
15/09/202078.0650SELL 181.62
11/09/202074.1000BUY 173.61
08/09/202069.9800SHORT 187.08
28/08/202071.4100BUY 193.60
26/08/202072.4400SHORT 193.59
21/08/202073.0200BUY 197.90
13/08/202071.4300SHORT 205.27
24/07/202075.5600BUY 220.21
21/07/202071.9300SELL 221.76
17/06/202049.3500BUY 153.22
01/06/202051.7100SELL 154.30
30/04/202041.8500BUY 125.76
24/04/202039.4450SELL 126.65
31/03/202032.5300BUY 105.18
16/03/202039.6100SHORT 90.49
10/03/202043.0000BUY 99.62
13/02/202044.3400SHORT 98.07
04/02/202044.9950BUY 100.93
28/01/202044.6800SHORT 103.08
24/01/202045.4400BUY 106.32
20/01/202046.3100SELL 107.07
09/01/202044.8100BUY 104.33
03/01/202047.8400SHORT 99.50
01/01/202048.3700BUY 102.03
04/12/201956.5700SELL 102.75
25/11/201954.2900BUY 99.30
† Trade commissions are taken as 0.70%.

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