Friday, December 12, 2025

Uttara Bank Part 2 (trading)

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

This is an update of the previous analysis (main change from Investment to Trade) https://imti77az.blogspot.com/2025/04/uttara-bank-as-investment-option-1-of-20.html

It has been consolidating from mid-August 2025. Likely to break-out before end of Dec 2025.

Probable moves:

1. Break 21.7 and face supply at 22.80.

2. Then a pull-back.

3. Rally again to (at least) 24.8

SL below 20.50




Technical Analysis of EBL Part 2 - 13 December 2025

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

It seems EBL correction over for now: https://imti77az.blogspot.com/2025/10/technical-analysis-of-ebl-6-oct-2025.html

It has broken the down-channel. Now we could get a slow rally to 25+.

There are supply zones above: 26, 27.4 and 28.5 (might be likely target in Q2 2026).

SL below 21.70





Technical Analysis of CAPMBDBLMF 13 December 2025

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

CAPMBDBLMF - nothing fundamental about it. Could not find its updated portfolio statement in its web site!

However, the technical chart is bullish.

After a rally in Sep 24, it seems to be consolidating in a triangle formation.

It might come down to 10-10.5 and then break-out to give a rally.

Let us see what happens.

SL below 9.50