Saturday, August 23, 2025

Technical Analysis of SIPLC (for few weeks Trading)

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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