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.
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