This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Pubali Bank's profits are increasing - growth in last 5 years. This year it might be stellar.
Monthly chart is bullish.
Once it settles above 33, we could get another bullish rally.
It might take some time. But it seems a good option for investment.
Chart given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Do not know much about the fundamental state of the company.
Technically it seems bullish:
- High Volume break-out.
- Gap
- Could also be a Flag -> continuation pattern
Might re-test ~22 and then move upwards (initially 26-27 seems likely target).
SL 21.1
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Apex Spinning is a low paid-up company.
Current move looks bullish - like Wave 3.
We could expect a down move and then a burst in coming days.
Will try to update after completion of Wave 4.
SL could be 7% of buy rate.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
After a 3-year down trend, BPPL is trying to rebound.
There is a chance of Wave 5 in the coming weeks.
SL if it goes below 14.50
