Saturday, September 20, 2025

Technical Analysis of Square Textiles Limited (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.

Square Tex is one of the rare good companies listed in textile sector!

It gives >30% Cash Dividend. EPS likely to be ~6.

It seems it is trying to break Resistance at 59-61.

If it can cross 61, then likely target is 67.5 (previous Floor price).

SL if it goes below 52.

Let us see what happens.




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