Friday, May 15, 2026

Technical Analysis of BRAC Bank on 15 May 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

After BRAC's rally in last 12 months, it might give a new entry opportunity soon - around 62 level.

The last analysis missed by a few points: https://imti77az.blogspot.com/2026/01/technical-analysis-of-brac-bank-on-18.html

56 to 63 Zone seems safe buy zone for long term.

SL below 50 !!





Technical Analysis of Eastern Lubricants 15 May 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Eastern Lubricants is a low paid-up company.

The set up looks bullish.

In Daily chart, a close above 1,772 could ignite a massive rally.

In Long term chart, an EWP might happen - after ABC correction, we might see a next 5 wave impulse up.

SL 1,560.





Monday, February 23, 2026

Technical Analysis of Pharmaid 23 Feb 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Pharmaid seems to have created a Flag pattern.

Break-out might trigger a rally - although there are Resistance Zones above - 615.

SL 550.




Technical Analysis of PTL 23 Feb 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

PTL has been consolidating from End November 2025.

Support at 49.

A price move on High Volume might ignite a rally.

SL below 49.




Thursday, February 12, 2026

Technical Analysis of MTB on 12 Feb 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

MTB 2 options technically:

1. If it is ABC rally, then we could get a rally to 15.2 to 15.5

Or 2: Alternative: If this is Wave 3, then we could get a move to 17.8 to 18.5

SL below 13.3

Let us see what happens.




Sunday, January 18, 2026

Technical Analysis of BRAC Bank on 18 Jan 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

After a rally from 45+ to 79+ (June to August 2025), BRAC is in correction.

Today, it broke down trend line with Volume. A rally might start soon.

Likely to go 90+.

SL below 65

Let us see what happens.





Tuesday, January 13, 2026

Technical Analysis of BDAUTOCA - 13 January 2026

his is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

There is nothing fundamental about BDAUTOCA.

It looks like a flag.

A breakout (and close above 129) could initiate a rally to 145+

SL is below 121.0




Wednesday, January 7, 2026

Technical Analysis of BSCPLC - 7 January 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

BSCPLC is on correction after a rally from June to August (110 to 160).

It broke a down trend line. Now, it might:

a. Move sideways between 123 to 136

b. Give a rally to 147 to 155

SL below 117.0

Let us see what happens





Sunday, January 4, 2026

Technical Analysis of IPDC - 4 January 2026

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

IPDC is on correction after a rally from 13.5 to 24+.

Now it might come down to 19.3~19.6 and then rally to 20.5 to 22.

SL below 19.0

Let us see what happens.





Monday, December 22, 2025

Technical Analysis of BSC - 22 December 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

BSC has broken a down-channel on HIGH Volume (Closed at 108.0). Next, it might come down to 105~106 and then rally towards 118+

Let us see what happens.

SL below 103.0





Friday, December 12, 2025

Uttara Bank Part 2 (trading)

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

This is an update of the previous analysis (main change from Investment to Trade) https://imti77az.blogspot.com/2025/04/uttara-bank-as-investment-option-1-of-20.html

It has been consolidating from mid-August 2025. Likely to break-out before end of Dec 2025.

Probable moves:

1. Break 21.7 and face supply at 22.80.

2. Then a pull-back.

3. Rally again to (at least) 24.8

SL below 20.50




Technical Analysis of EBL Part 2 - 13 December 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

It seems EBL correction over for now: https://imti77az.blogspot.com/2025/10/technical-analysis-of-ebl-6-oct-2025.html

It has broken the down-channel. Now we could get a slow rally to 25+.

There are supply zones above: 26, 27.4 and 28.5 (might be likely target in Q2 2026).

SL below 21.70





Technical Analysis of CAPMBDBLMF 13 December 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

CAPMBDBLMF - nothing fundamental about it. Could not find its updated portfolio statement in its web site!

However, the technical chart is bullish.

After a rally in Sep 24, it seems to be consolidating in a triangle formation.

It might come down to 10-10.5 and then break-out to give a rally.

Let us see what happens.

SL below 9.50




Technical Analysis of ACI 13 December 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

ACI is returning from loss (might be a turnaround case). Fundamentally nothing great yet.

However, the technical chart is bullish.

After a rally from Nov 24 to mid-April 25 (High of 214.30), it seems to be consolidating in a triangle formation.

A breakout and cross of 215 could see a rally to 250~260 levels (260.20 was floor). Or it might come down to 170~180 levels and then break-out.

Let us see what happens.

SL below 165.0




Wednesday, October 22, 2025

Technical Analysis of LHB Part - 2

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

LHB is a good cement company. Even during this dull quarter, it performed well and gave interim dividend. 

It got support ~50 (low was 49.70) in the support zone mentioned in previous analysis

https://imti77az.blogspot.com/2025/09/technical-analysis-of-lhb.html

When the economy rebounds, it is likely to do better. Thus, it could be considered for mid-term investment.

Likely to go 67~70 by Q1 2026, if not higher.

In the meantime, there are few resistance zones above.

Support Zone is 48 to 50.




Wednesday, October 8, 2025

Technical Analysis of Square Pharma

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Sq Ph is the market leader in Pharma sector.

After June-July rally from ~199 to ~234, it has undergone significant correction.

It is coming to Support zone.

We need to watch where the fall stops.




Monday, October 6, 2025

Technical Analysis of EBL - 6 Oct 2025

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

EBL achieved its target early: https://imti77az.blogspot.com/2025/05/ebl-as-investment-option-2-of-20.html

However, after hitting High of 27.4 in end of August, the chart does not look good technically.

Too much volume stuck above 24 level.

We need to watch where the fall stops.

Is there any fundamental issue? Need to wait for Q3.




Thursday, October 2, 2025

Good Open End Fixed Income Mutual Fund - 28 Sep 25

 There are a few good open ended MF in Bangladesh.

Considering NAV trend from 29 June 2025 to 28 Sep 2025, these two have performed very well:

VIPB Fixed Income Fund

UCB Income Plus Fund

30 Sep 25 portfolio not updated yet. But based on 30 June 2025 portfolio, their holdings are:

VIPB:

Around 20% in 3 Stocks - BRAC, Marico and Sq Pharma.

~8% in BRAC Bank 2nd Subordinated Bond

~68% in long-term Govt Treasury Bonds.


UCB:

Mostly comprised of long-term Govt Treasury Bonds.


With yields in most instruments dropping below 10%, these are likely to give returns in future.

If one desires only safe Govt Treasury Bonds, then UCB preferable. 

If one wants to have the option of capital gain also, then VIPB also good.

Please check the portfolio and MF "terms & conditions" before making decision.


Wednesday, September 24, 2025

Technical Analysis of ACI FORMULATIONS (for few days trading)

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

ACIFORMULA is a mid-cap stock.

EPS 6+

Gives at least 20% Cash Dividend.

After a rally from ~136 to ~160+, it is under-going correction.

If it can break the diagonal resistance, then we might see another rally.

SL if it goes below 136.

Let us see what happens.





Technical Analysis of INTECH (for few days trading)

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Intech is in loss. It is a mid-cap IT stock.

After a 3-month rally from ~17 to 47, it is under-going correction.

The correction looks like a Flag. 

Today, break-out was with higher volume.

It might rally directly or fall again and then try to rally (like ITC is doing).

SL 5% of buy price.

Let us see what happens.