We should not avoid the coming budget of Bangladesh leaving behind our belongings and of course small investors’ money spreading over market. Every year Financial Minister make situation to raise hope of the investors saying sweet speech concerning Bangladesh Stock Market. But at the end we all are eye-witnessed and see nothing comes from nothing as the saying of Shakespeare’s King Lear. Anyway, if something comes actually that are apparently looking true from the speech of Finance Minister in the coming budget it will be undoubtedly harvesting period of some investors who believe A categories stock. Hence AB Bank may play the role as catalyst of Banking Sector. Otherwise all may go in vain. But technical indicators of DSE General Index say that in the coming budget something positive will come and that will push the index to high position breaking all previous records. As an investor we can’t help but watching the period.
Whatever happens in DSE it is day-light obvious that Beximco Group is shining all the time. For adjustment Beximco Ltd. taking time to jump further. After middle of this month this group will show its strength again as the technical indicators say. RSI, MFI, MACD of the group are positive. Price is coming back to the value lines in BEXTEX and price is sliding in Beximco Ltd. Like Beximco group LANKABFIN is showing its strength and its all technical indicators are positive and price is on the value lines. This shows that it will move up further where fundamental says same as technical.
As any trend shows the near future so I strongly recommend some companies following upward trends considering both fundamentals and technical. I upgraded the following companies rating as “BUY” – Beximco Ltd., Lankabfin, AB Bank, Daffodil Com, Isnltd., Aims1stfm, Bangas, Beachhatch and Gachihata.
Written by Shah, Financial Analyst, De Vere Private Equities, London, UK. Email: s.anaym@yahoo.com
Whatever happens in DSE it is day-light obvious that Beximco Group is shining all the time. For adjustment Beximco Ltd. taking time to jump further. After middle of this month this group will show its strength again as the technical indicators say. RSI, MFI, MACD of the group are positive. Price is coming back to the value lines in BEXTEX and price is sliding in Beximco Ltd. Like Beximco group LANKABFIN is showing its strength and its all technical indicators are positive and price is on the value lines. This shows that it will move up further where fundamental says same as technical.
As any trend shows the near future so I strongly recommend some companies following upward trends considering both fundamentals and technical. I upgraded the following companies rating as “BUY” – Beximco Ltd., Lankabfin, AB Bank, Daffodil Com, Isnltd., Aims1stfm, Bangas, Beachhatch and Gachihata.
Written by Shah, Financial Analyst, De Vere Private Equities, London, UK. Email: s.anaym@yahoo.com
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