Sunday, April 29, 2018

DBBL has created a double bottom pattern

The current price of DBBL stands on the Fibonacci support level. I think it is the right time to get entry.
Expected profit margin 17%
Holding period 3 to 4 months
 Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

Thursday, April 26, 2018

Technical details of RD FOOD

RD FOOD currently formed a Head & shoulder bottom pattern, indicating a bullish movement. Target sell price Tk. 18.40.


Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


A technical study on BD THAI

It seems like BD that is going to create a Head & a shoulders bottom pattern. Target profit margin
1. Predictive group 24%
2. reactive group 14%


Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


Npoly created rounding top pattern

If the price successfully breaks Tk.86 line then buy.
Positive sign:
1. Primary trend line is bullish
2. Upward momentum is created
3. successfully break secondary bearish trend line
4. price volume matrix confirmation is positive (Bullish)

Negative sign:
1.Rounding top pattern is created which is continuation pattern


Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


Share of Beximco Ltd. again generated a new buy signal.

You may buy Beximco at current market price. Target price Tk. 33.60.


What will happen to Keya Cosmetics in the coming days?

 If the share price goes down & traded to below 10 in the last session, then it is alarming. I think it will better keep watching this stock. Two Head & shoulder pattern indicates that the trend may go bearish in the next one or two weeks. So be careful.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 



Tuesday, April 24, 2018

Technical journey of Rahima food

184 is the strong resistance line of Rahima food. 164 is the better price to new entry.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

SALAM FORMING A FALLING WEDGE PATTERN

If the share price successfully breaks 34 price level then buy.
Expected profit margin 27%
Holding period : 4 Months.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

Meghna petroleum share price is ready to fly

If the share price of Meghna petroleum breaks the 200 price level, then you may buy. Target price
Tk. 227.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.

A tecnical study on Wata Chemical

Four Buy & sell signal already confirmed 62% profit margin in the past 6 months. Yesterday it's formed a Green marubuzu candle generates a buy signal.
 Expected profit margin 19%
 Holding period: 2 to 3 months
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Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

Monday, April 23, 2018

Anwar Galvanizing formed a W Bottom pattern

Two Diamond pattern formed during the last 4 months, which provided accurate sell signal. Currently, we saw a W bottom pattern confirming its up trend. Target profit margin 4%.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

Rupali life share price formed a saucer pattern

It's a long term reversal pattern. We also see a flag pattern which target already achieved.
 Expected profit margin 17%.
 Holding period 4 months.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.  


Which support level of Beximco is best for new Entry?

My expectation is support level 3 (29.60) is better to take new entry. what yours?

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

A technical study on Al-haj Textile

It will better to set your sell target  at Tk. 86.30.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


AZIZPIPE successfully break the downward channel

Fibonacci support level worked perfectly. If you have any strong market news about this script, then you may buy it.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.

Is historical support of Islami bank works this time?

The current price of islami bank touched historical support level. I think it is the right time to get entry.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.

Sunday, April 22, 2018

LHBL share price currently stands on the support line

Technical traders who sold this share at a prior resistance level, i.e., 67.50 may buy again if the price respect the support level 62.90. Long term trend still bullish.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 



Saturday, April 21, 2018

DSEX Index Analysis

The 5767 support line work successfully. Now it's waiting to break prior trend line.Trade volume rose significantly during 2 weeks & breakout falling volume trend which is also positive sign.
So if its successfully break 5881 line then we expect it will go 5966.
 
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.  

Tuesday, April 10, 2018

Long term trend of IBNSINA going bullish.

Price moving within Ascending channel that confirming it's current up trend.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.  

Golden harvest shows a flag pattern which indicates a possible buy signal.

If it's successfully break the Tk.41.80 line then you may buy this share. Target price fix at Tk. 52.50.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 



Activefine is ready to go Tk. 34.90

Head & shoulder bottom confirmed it's current up trend.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


Friday, April 6, 2018

111.40 is the strong resistance level of BXPHARMA..

A technical study on BXPHARMA. Safe entry & exit point is 100 & 111.40.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.

Beximco share price stand on the resistance line.

If we close look at the candlestick pattern of BEXIMCO we see an abnormality when price reverse from bearish to bullish. So you should very careful about it.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 


Analysis 1
Analysis 2

Wednesday, April 4, 2018

FUTURE POSSIBLE TRENDLINE OF PREMIERE BANK GOING UPWARD DIRECTION.

If premiere bank declare 15% dividend then price may fall in the first session. I think you may buy this share if it's price fall below Tk.13.70. Possible Holding period 4 months.
 Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.

Sunday, April 1, 2018

Lanka bangla share price may increase from the current price level.

If the share price of lanka bangla successfully break Tk. 32.70 then it will go Tk.35.40.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any. 

DSEX Index analysis

If it's successfully break 5777 then we hope this upward movement may continue.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.