This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Pragati Gen Ins is one of the better listed General Ins Company.
Recently it is generating volume in the Bullish Market.
And it broke 58 Resistance.
We might get a rally to 70~75 levels.
SL if it goes below 57.50
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Tosrifa is a textile company that gives marginal cash dividend.
It broke Resistance of 21.60 with Volume today.
Now if it re-tests 21.6/21.7 next day and then goes up, we could get a rally to 26+
Buy price 21.6 to 22.
SL if it goes below 21.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
MHSML is a textile company that gives marginal cash dividend.
Technically, there was a Gap on 28 August 2025. It seems like a break-away gap (or mid-way gap).
Assuming it is a mid-way gap, the rally from 12 to 17 is 5 points.
Thus, initial target is ~22 (17 + 5).
As Technical Analysis is not a Science, it might be safe to target 21.
Buy price 17 to 17.6.
SL if it goes below 16.9 (analysis invalid if Gap is closed).
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Kbppwbil is a JUNK stock.
There are two possibilities technically.
Bearish: Considering EWP, it might go up and as long as it does not close above 160.50, then a downward move expected.
Bullish: But considering bullish market, we could also take it as a break-out from accumulation. Thus, there is chance of trading gain.
Taking the bullish scenario, it might re-test 130 and then go up to 160, even 180 or higher.
SL is 5% of buy price.
High-risk Moderate-gain.
Charts given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Prime Bank was previously described here as an investment option:
https://imti77az.blogspot.com/2025/08/prime-bank-as-investment-option-6-of-20.html
Its NAV is 35+
It could also be considered for trading now.
After a recent rally, it consolidated and is trying to break previous high of 29.60
If it can break the Resistance with volume, we could see a fast rally to mid 30s (even 40+).
Flag and pole target is also 35+
SL is 5% of buy price.
Chart given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
It seems SEMLLECMF has bottomed at 6.60.
It will most likely be converted to an Open-ended fund (NAV 10+) by end of 2025.
Current price is ~7.
Current bullish market likely to increase NAV. Even if we consider a lower NAV of say 9 to be on safe side, still it seems to have good return potential (7 to 9 is ~28%) with minimal risk.
Before making decision, one should evaluate:
- The Sponsors
- The existing portfolio
- Holding composition
VAMLBDMF is another alternative.
For precedence, one could check ATCSLGF MF movement in March 2025.
Technically, it could run to 9-10.
SL is 5 percent of buy price.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Envoytex is a highly leveraged textile company in Bangladesh.
It is one of the rare good companies listed in textile sector!
It has been consolidating for around 1 year.
Recent high volume break-out implies that we could have a rally in the coming weeks. It only needs to break 55.5 level now.
It seems smart money is expecting good earnings and dividends and has taken position.
Thus, a rally till earnings declaration is likely and it might even reach 64-70 levels (2012 High).
SL 5 percent of buy price.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Doreen Power is a highly leveraged power company.
It has been consolidating for around 1 year.
Recent high volume break-out could spark a quick rally.
It is for the high-risk high-gain takers!
If it can cross 33~34, then rally to 40+ likely.
SL 27.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Beach Hatchery is a low-paid up company.
After a significant down move from March 25 (~120) to ~41 in June 25, it is trying to bounce up.
There could be a short rally to 60~65 with SL at 52.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
"In theory, there is NO difference between theory and practice. In practice, there is."
Following is Wyckoff Cycle. Let us see if it happens in real!
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AIL (Alif Industries Limited) is a low paid up company.
It seems to be in Accumulation Phase.
Let us see is Markup occurs in coming days.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
SIPLC (Sena Kalyan General Insurance) is an insurance company.
After a rally (from IPO), it is under correction.
Once it breaks the Channel in Weekly, we could see a bullish move.
In Daily Chart, it is trying to break from a consolidation zone too.
SL at 47.
Let us see what happens.
Weekly Chart:
Daily Chart:
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Salvo Chem is a low-paid up company.
From a low of ~18, it has broken 27~28 resistance with Volume.
It sort of looks like a Rounding Bottom (with increasing volume in recent days).
There seems to be some up-side (34-35) with SL at 26.50.
But bullish market could extend the trend to even 40 levels.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
I am not a fan of ICB - I think only IDLC and DBH are the good companies in NBFI Sector in Bangladesh.
From a low of 40, ICB broke 51 resistance with Volume.
It sort of looks like a Rounding Bottom (with increasing volume in recent days).
There seems to be some up-side (60 to 64) with SL at 50.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Pragati Life Insurance is a low paid-up life insurance company.
After double top in Sep-Oct 24 ~235, it seems to have bottomed ~75 in June 25.
It seems to have broken out from a Rounding Bottom with increasing volume.
There is up-side (150 to 170) with SL at 116. 61.8% Fibo ~138 is a Resistance too.
With the Index undergoing correction, such low paid-ups might rally in the coming weeks.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Tamij Textiles is a low paid-up textile company.
After a bullish rally in the second half of 2021, it reached a top ~ 300+ in Q1 2022.
After a 3.5 years correction (low of 87), it seems to be initiating a bullish move.
It has broken down-trend line in Weekly.
If it can close above 135 in Daily, we could get a rally to 150~160.
But previous floor (178 to 180) will be strong Resistance Zone.
SL = 120.
With the Index undergoing correction, such low paid-ups might rally in the coming weeks.
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
IBN SINA is an OK pharma company.
After 25 Sep 2024 High of 384.8, it was in a downtrend. Then there has been approximately 8 months of accumulation.
Now there are 2 alternatives. Either it could break down.
Or else we could have a bullish move.
In the weekly chart, MACD is turning bullish with increasing volume - it implies a bullish possibility.
Moreover, the risk-reward ratio is favorable.
Last day closing was 313.4.
SL is 306.4 - that is Tk 7 loss.
Upside, it might go near 370~380 (Tk 60 gain).
Let us see what happens.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Prime Bank's profits increasing - growth in last 5 years. This year it might be stellar (2,000 Mn per quarter).
Monthly chart is bullish.
Once it settles above 30, we could get another bullish rally.
It might take some time. But it seems a good option for investment.
Chart given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Pubali Bank's profits are increasing - growth in last 5 years. This year it might be stellar.
Monthly chart is bullish.
Once it settles above 33, we could get another bullish rally.
It might take some time. But it seems a good option for investment.
Chart given below.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Do not know much about the fundamental state of the company.
Technically it seems bullish:
- High Volume break-out.
- Gap
- Could also be a Flag -> continuation pattern
Might re-test ~22 and then move upwards (initially 26-27 seems likely target).
SL 21.1
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Apex Spinning is a low paid-up company.
Current move looks bullish - like Wave 3.
We could expect a down move and then a burst in coming days.
Will try to update after completion of Wave 4.
SL could be 7% of buy rate.
This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
After a 3-year down trend, BPPL is trying to rebound.
There is a chance of Wave 5 in the coming weeks.
SL if it goes below 14.50
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:
