This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Salvo Chem is a low-paid up company.
From a low of ~18, it has broken 27~28 resistance with Volume.
It sort of looks like a Rounding Bottom (with increasing volume in recent days).
There seems to be some up-side (34-35) with SL at 26.50.
But bullish market could extend the trend to even 40 levels.
Let us see what happens.
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