Technical Analysis of LHB Part - 2

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

LHB is a good cement company. Even during this dull quarter, it performed well and gave interim dividend. 

It got support ~50 (low was 49.70) in the support zone mentioned in previous analysis

https://imti77az.blogspot.com/2025/09/technical-analysis-of-lhb.html

When the economy rebounds, it is likely to do better. Thus, it could be considered for mid-term investment.

Likely to go 67~70 by Q1 2026, if not higher.

In the meantime, there are few resistance zones above.

Support Zone is 48 to 50.

Technical Analysis of Square Pharma

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Sq Ph is the market leader in Pharma sector.

After June-July rally from ~199 to ~234, it has undergone significant correction.

It is coming to Support zone.

We need to watch where the fall stops.

Technical Analysis of EBL - 6 Oct 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

EBL achieved its target early: https://imti77az.blogspot.com/2025/05/ebl-as-investment-option-2-of-20.html

However, after hitting High of 27.4 in end of August, the chart does not look good technically.

Too much volume stuck above 24 level.

We need to watch where the fall stops.

Is there any fundamental issue? Need to wait for Q3.