This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
After the down move from mid-Feb 2025, we could expect a counter-trend.
Might not be much - a probable move to 16~17.
SL if it goes below 14.9.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Usually City Bank gives ~20% return in a year (after record date to next year declaration).
~18 to 23~24 is a possibility for next 11 months.
Allocating 5% of equity for City Bank might be a reasonable option.
Technically, there was a rally in mid-2024.
Then we see a correction.
Hopefully we might get another rally in future.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Technically, UPGDCL is in a down trend. However, q3 results today were better than LY same period. Assuming a good Q4, it might give Cash Dividends near 170% C (as in previous years 2021 and 2022).
Taking CP near 120 (4 May 2025), Yield Scenario seems attractive.
Recent low was 111 - so risk is somewhat low too.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Usually EBL gives ~15-20% return in a year (after record date to next year declaration).
Below 20 to 24~25 is a possibility for next 11 months.
Allocating 5% of equity for EBL might be a reasonable option.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Usually it moves from 19-20 to 25-26 - giving ~25% return in a year.
Allocating 5% of equity for Uttara Bank might be a reasonable option.
Considering previous data and trend, assuming it was bought at Floor during Covid, without dividend re-investment, the holders could enjoy:
