Technical Analysis of Delta Life on 25 March 2017
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 Delta Life Insurance –
all I know is that it gives Cash Dividends.
Now to the Technicals: It had a break-out on 23rd March
2017. A pull-back on low volume is expected before a bull move.
First it has to cross 125 and then if it crosses 130, there
could be significant up-potential.
It is for the risk-taker with Stop loss at 5% of entry price . .
.
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