Friday, August 15, 2014

Daily Market Observation of Dhaka Stock Exchange. August 14, 2014.

Today DsEx changed by 27.3 points while the turnover was 632 Cror.

Market is now in Uptrend.


Trend Analysis: If we see closely, we will see dsex recently broke a resistance (4487) and got entered a new zone. after breaking the resistance dsex met the supply and absorbed it smartly. it last started a new phase today, there is a very good chance of continuation of the current trend.

Indicators: RSI is in positive zone and it will  likely continue. Also, MACD is in positive zone.

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