City Bank as an investment option (4 of 20)

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.