Go Round to Get Money from DSE Gen.

It is a real time to make conscious our closest investors to rip their harvest who have kept their patience from more months. Undoubtedly DSE general index is climbing 3200 levels easily when we see price came out from the chart pattern Falling Wedge at 2600 levels. It is quite known to all Bank Sector dominates the General Index and now a day Beximco Group added their charismatic power to turn the wheel of DSE with great acceleration. Who will stop them as Government stood beside them with fundamental reasons. Investors are seen now a day a bit quit and I found they started to understand the fundamental of the companies which is very helpful for the overall stock market. People came out from the so called idea of fixing stock price by senates and started to believe companies own fundamental and race.
Anyway, technically DSE General Index crossed its period of agony within the Falling Wedge Chart Pattern. Price has already come out from the last resistance at 2700 levels and running to the top resistance of 3200 levels. Volume of the Index is increasing gradually across last 2 years that are saying DSE is being wide with its increasing capitals. This is a good sign of the Index of gathering strength.
Shah upgraded Beximco group, Lankbfin, Gachihata, BRSM Steel along with the Bank Sector and he rated them as “BUY”. Besides he downgraded “Z” categories companies along with other compaies without actual physical existence. He also downgraded Finance Sector, especially Mutual Funds and said investors to keep themselves away from them for the time being.
Written by Shah, Financial Analyst, itrade-uk & DVPM, London, UK. email: s.anaym@yahoo.com