Title
by Americanbulls.com LLC
  • English
    v
Last Update
30/03/2023
BIFO
Biafo Industries
Last Signal: SHORT
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
55.0000
Change:
-1.9500
Percent change
-3.42%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 56.2500, and our valid average selling price stands now at 55.4500. The previous BUY signal was issued on 17/03/2023, 13 days ago, when the stock price was 57.4700. Since then BIFO has fallen by -3.51%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
30/03/202355.4500SHORT 87.48
17/03/202357.4700BUY 91.95
10/02/202361.5000SELL 92.60
01/02/202360.6500BUY 91.96
20/01/202360.9900SELL 92.61
06/01/202360.8300BUY 93.02
29/12/202260.2300SELL 93.68
27/12/202260.5100BUY 94.78
15/12/202258.9300SELL 95.45
17/11/202259.8100BUY 97.56
08/11/202260.0200SHORT 98.60
02/11/202259.6000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
30/03/202355.4500SHORT 87.11
17/03/202357.4700BUY 91.56
10/02/202361.5000SELL 92.21
01/02/202360.6500BUY 91.58
20/01/202360.9900SELL 92.23
06/01/202360.8300BUY 92.64
29/12/202260.2300SELL 93.29
27/12/202260.5100BUY 94.38
15/12/202258.9300SELL 95.05
17/11/202259.8100BUY 97.15
08/11/202260.0200SHORT 98.18
02/11/202259.6000BUY 98.87
23/09/202267.3800SHORT 89.89
16/09/202267.7750BUY 91.70
12/09/202268.6200SHORT 91.87
02/08/202267.7500BUY 91.99
19/07/202272.6100SELL 92.64
21/06/202267.0600BUY 86.16
07/06/202268.1300SHORT 86.03
01/06/202270.0100BUY 89.65
28/04/202274.6000SELL 90.28
21/04/202277.7700BUY 94.78
13/04/202277.2400SHORT 96.79
05/04/202278.1400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
30/03/202355.4500SHORT 65.43
17/03/202357.4700BUY 68.77
10/02/202361.5000SELL 69.25
01/02/202360.6500BUY 68.77
20/01/202360.9900SELL 69.25
06/01/202360.8300BUY 69.56
29/12/202260.2300SELL 70.05
27/12/202260.5100BUY 70.87
15/12/202258.9300SELL 71.37
17/11/202259.8100BUY 72.95
08/11/202260.0200SHORT 73.72
02/11/202259.6000BUY 74.24
23/09/202267.3800SHORT 67.50
16/09/202267.7750BUY 68.86
12/09/202268.6200SHORT 68.98
02/08/202267.7500BUY 69.07
19/07/202272.6100SELL 69.56
21/06/202267.0600BUY 64.70
07/06/202268.1300SHORT 64.60
01/06/202270.0100BUY 67.32
28/04/202274.6000SELL 67.79
21/04/202277.7700BUY 71.17
13/04/202277.2400SHORT 72.68
05/04/202278.1400BUY 74.57
08/03/202278.0000SHORT 75.76
17/02/202286.5000BUY 85.20
14/02/202283.1795SELL 85.80
04/02/202280.4328BUY 83.55
19/01/202281.3637SHORT 83.77
13/01/202282.9091BUY 86.57
11/01/202281.7273SELL 87.18
05/01/202282.3022BUY 88.41
27/12/202181.4000SHORT 90.67
13/12/202181.8182BUY 92.43
02/12/202188.6899SHORT 87.00
30/11/202190.0818BUY 89.62
26/10/202196.3909SELL 90.25
08/10/202190.1488BUY 85.00
04/10/202189.4777SHORT 86.85
28/09/202191.9918BUY 90.55
30/08/2021111.7824SELL 91.19
23/08/2021111.8017BUY 91.85
30/07/2021110.1331SHORT 94.58
18/06/2021112.9752BUY 98.39
11/06/2021110.1340SELL 99.08
03/06/2021110.4711BUY 100.08
27/05/2021105.2834SELL 100.79
21/05/2021102.9346BUY 99.24
19/05/2021100.6760SELL 99.94
05/05/2021101.5289BUY 101.50
20/04/2021114.5481SELL 102.22
14/04/2021100.8864BUY 90.66
09/04/202197.3929SHORT 95.36
01/04/2021100.0000BUY 99.30
† Trade commissions are taken as 0.70%.

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