Wednesday, September 24, 2025

Technical Analysis of ACI FORMULATIONS (for few days trading)

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.





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