Sunday, September 7, 2025

Technical Analysis of Pragati General Insurance (for few weeks trading)

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






Wednesday, September 3, 2025

Technical Analysis of Tosrifa (for trading)

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.




Technical Analysis of MHSML (for trading)

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).





Tuesday, September 2, 2025

Technical Analysis of KBPPWBIL (for trading)

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. 










Technical Analysis of Prime Bank (for trading)

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.