This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
ACIFORMULA is a mid-cap stock.
EPS 6+
Gives at least 20% Cash Dividend.
After a rally from ~136 to ~160+, it is under-going correction.
If it can break the diagonal resistance, then we might see another rally.
SL if it goes below 136.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Intech is in loss. It is a mid-cap IT stock.
After a 3-month rally from ~17 to 47, it is under-going correction.
The correction looks like a Flag.
Today, break-out was with higher volume.
It might rally directly or fall again and then try to rally (like ITC is doing).
SL 5% of buy price.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
CLICL is a mid-cap Life Insurance Company.
After a short rally from ~44 to 69+, it is under-going correction.
It is sort of forming a flag/pennant.
A break of the diagonal resistance might initiate another rally.
Nothing is confirmed yet. But due to today's low volume turnover in the market, we might see few rallies in low paid up stocks.
SL if it goes below 53.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
City Bank crossed Target early!
https://imti77az.blogspot.com/2025/06/city-bank-as-investment-option-4-of-20.html
Today there was a low volume (implies fewer sellers at this price) doji candle - it implies market is undecided.
Next day movement might make it clear.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
EGEN is a mid-cap IT stock.
After a 3-month rally from ~18 to 33, it is under-going correction.
Today's (22 Sep 25) candle and volume suggest reversal although Support Zone is below (23 to 24).
Tomorrow, a confirmation candle might initiate another rally soon.
Else it might go down to 23~24 and then rally later.
SL 5% of buy price.
Let us see what happens.
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.
After a 2-month bullish rally from June to August (42.5 to 62.5), it is under-going correction.
Support Zone is 48 to 50.50
Let us watch if this holds or whether it creates a sort of Double Bottom.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Grameens2 NAV is quite high ~ 16+
After a bullish rally from July to August, it is under-going correction.
It seems down target is ~12.
11.8 to 12 seems safe buy zone for mid term investment.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
IDLC is a good NBFI - a rarity in this sector in Bangladesh.
After a bullish rally from June to early September, it is under-going correction (which was expected from the Negative Divergence in MACD).
Now volume is drying up and it is coming to Support Zones. Probable areas to watch are:
37.40 to 38.40.
Worst case might be 34 to 34.50 (unlikely for now).
First let it settle. Then it might provide a trading opportunity.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Square Tex is one of the rare good companies listed in textile sector!
It gives >30% Cash Dividend. EPS likely to be ~6.
It seems it is trying to break Resistance at 59-61.
If it can cross 61, then likely target is 67.5 (previous Floor price).
SL if it goes below 52.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
I don't know much about the fundamentals of Techno Drug.
Technically it is Bullish.
It is generating huge volume (and broke Resistance at 39).
It seems next Supply Zone is ~47 to 53.
SL if it goes below 38.
Weekly 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.
Matin Spinning is one of the rare good companies listed in textile sector!
It gives 40-50% Cash Dividend.
Assuming 40% cash, Yield is 7% ~52.
It had been consolidating for around 7 months from 42 to 48.
After breaking out, it seems to have created Support ~ 52.
Now it needs to break 59~60 and then we might see a longer rally.
SL if it goes below 50.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
BDCOM is a mid-cap IT stock.
After a 3-week rally from 23 to 35, it is under-going correction.
Technical Analysts use Fibonacci Retracements (to give it a semblance of Science!).
Thus, the rally retraced ~62%.
A counter-move might result soon.
However, if could settle around 26-26.5 (support zone), then the rally would be more likely.
SL 5% of buy price.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
There is nothing fundamental about Salamcrst.
Technically, there are two Scenarios.
Bullish: If it breaks the channel on the up-side and closes above 26, then 30~35 possible.
Bearish: If it breaks the channel on the down side, then a bearish move might entail.
If bought, tight SL of 5% necessary.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Pragati Gen Ins is one of the better listed General Ins Company.
Recently it is generating volume in the Bullish Market.
And it broke 58 Resistance.
We might get a rally to 70~75 levels.
SL if it goes below 57.50
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Tosrifa is a textile company that gives marginal cash dividend.
It broke Resistance of 21.60 with Volume today.
Now if it re-tests 21.6/21.7 next day and then goes up, we could get a rally to 26+
Buy price 21.6 to 22.
SL if it goes below 21.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
MHSML is a textile company that gives marginal cash dividend.
Technically, there was a Gap on 28 August 2025. It seems like a break-away gap (or mid-way gap).
Assuming it is a mid-way gap, the rally from 12 to 17 is 5 points.
Thus, initial target is ~22 (17 + 5).
As Technical Analysis is not a Science, it might be safe to target 21.
Buy price 17 to 17.6.
SL if it goes below 16.9 (analysis invalid if Gap is closed).
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Kbppwbil is a JUNK stock.
There are two possibilities technically.
Bearish: Considering EWP, it might go up and as long as it does not close above 160.50, then a downward move expected.
Bullish: But considering bullish market, we could also take it as a break-out from accumulation. Thus, there is chance of trading gain.
Taking the bullish scenario, it might re-test 130 and then go up to 160, even 180 or higher.
SL is 5% of buy price.
High-risk Moderate-gain.
Charts given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Prime Bank was previously described here as an investment option:
https://imti77az.blogspot.com/2025/08/prime-bank-as-investment-option-6-of-20.html
Its NAV is 35+
It could also be considered for trading now.
After a recent rally, it consolidated and is trying to break previous high of 29.60
If it can break the Resistance with volume, we could see a fast rally to mid 30s (even 40+).
Flag and pole target is also 35+
SL is 5% of buy price.
Chart given below.
