This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
IDLC is a good NBFI - a rarity in this sector in Bangladesh.
After a bullish rally from June to early September, it is under-going correction (which was expected from the Negative Divergence in MACD).
Now volume is drying up and it is coming to Support Zones. Probable areas to watch are:
37.40 to 38.40.
Worst case might be 34 to 34.50 (unlikely for now).
First let it settle. Then it might provide a trading opportunity.
Let us see what happens.
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