Monday, October 6, 2025

Technical Analysis of EBL - 6 Oct 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

EBL achieved its target early: https://imti77az.blogspot.com/2025/05/ebl-as-investment-option-2-of-20.html

However, after hitting High of 27.4 in end of August, the chart does not look good technically.

Too much volume stuck above 24 level.

We need to watch where the fall stops.

Is there any fundamental issue? Need to wait for Q3.




No comments:

Post a Comment