Randomly Balanced

Sunday, March 26, 2017

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

Aamra is a good IT company that has been giving 10% Cash Dividend during last three years.

Now to the Technicals: It had a break-out on 23^rd March 2017. The way it has shaped up, it seems ready to test recent high ~40 soon.

It is for the risk-taker with Stop loss at 32.5 . . .

Technical Analysis of Cotton: Third Try: 26 March 2017

Analysis done on Sunday, 26 March 2017 based on data till 24 March '17

Cotton has been hovering ~77 and might be staying ~76 in coming days.

Technicals indicators are not bullish.

Cotton has been on an up move from March 2016.

It faced Resistance at 78 in Aug '16 and recently at 79.

If it could cross 78-79 Resistance again, 84 is a possibility.

Hope to do next analysis in a week.

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

I don’t know much Delta Life Insurance – all I know is that it gives Cash Dividends.

Now to the Technicals: It had a break-out on 23^rd March 2017. A pull-back on low volume is expected before a bull move.

First it has to cross 125 and then if it crosses 130, there could be significant up-potential.

It is for the risk-taker with Stop loss at 5% of entry price . . .