Technical Analysis of SEMLLECMF (for few months)

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

It seems SEMLLECMF has bottomed at 6.60. 

It will most likely be converted to an Open-ended fund (NAV 10+) by end of 2025.

Current price is ~7.

Current bullish market likely to increase NAV. Even if we consider a lower NAV of say 9 to be on safe side, still it seems to have good return potential (7 to 9 is ~28%) with minimal risk.

Before making decision, one should evaluate:

- The Sponsors

- The existing portfolio

- Holding composition

VAMLBDMF is another alternative.

For precedence, one could check ATCSLGF MF movement in March 2025.

Technically, it could run to 9-10.

SL is 5 percent of buy price.

Let us see what happens.

Technical Analysis of Envoy 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.

Envoytex is a highly leveraged textile company in Bangladesh. 

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

It has been consolidating for around 1 year.

Recent high volume break-out implies that we could have a rally in the coming weeks. It only needs to break 55.5 level now.

It seems smart money is expecting good earnings and dividends and has taken position.

Thus, a rally till earnings declaration is likely and it might even reach 64-70 levels (2012 High).

SL 5 percent of buy price.

Let us see what happens.

Technical Analysis of Doreen Power (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.

Doreen Power is a highly leveraged power company.

It has been consolidating for around 1 year.

Recent high volume break-out could spark a quick rally.

It is for the high-risk high-gain takers!

If it can cross 33~34, then rally to 40+ likely.

SL 27.

Let us see what happens.