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).
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