This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
SIPLC (Sena Kalyan General Insurance) is an insurance company.
After a rally (from IPO), it is under correction.
Once it breaks the Channel in Weekly, we could see a bullish move.
In Daily Chart, it is trying to break from a consolidation zone too.
SL at 47.
Let us see what happens.
Weekly Chart:
Daily Chart:
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