Technical Analysis Of DSE General Index on 12/11/2012

Technical Analysis Of DSE General Index on 12/11/2012

Today Dsegen has lost 29 points.The lowest point of index was 4200 and closed @ 4223. Index recovered 23 points from the lowest value of the day.This behaviour of index at suport zone seems positive.We had these levels (4224 and 42214) before and got uptrend. Moreover, volume is lower than yesterday. This means supply shrank a bit.At this point retailers are going to be empty handed gradually, and demand must increase.So,logically the index should reverse from this point. But if this downtrend continues further with big volume, Index may hit as low as 4039. In short, Index may reverse from this point or may fall as low as 4039. Thanks everyone

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Stock Trading Strategy Part : 1

We are worried about market. Yes, if one is holding stock he certainly has tension about market. But have you ever thought why you are the victim of this fall ?There may be hundreds of reasons behind this. You might blame ___don't wanna mention them here. But my question to you is very simple. Why didn't you sell them when you lost 5% to 10% ? You thought it would be alright again. But no .....it will not ! Firstly, you should think why this loss ....... Certainly people are selling them, supply is more than demand itself. And that's why you lost 5% or so. Why are you waiting? To see a greater fall? Thinking that it would be alright ? Things are not that easy ! If you hold a losing trade, you certainly lose.
And eventually you may encounter an ever biggest loss. This should not be the strategy of a good trader. If you have already lost 5% or so, you should not sit idle. Quit the losing trade, re-enter when the market begins to reverse, not after a certain period of time such as 1week , 2 weeks, 1 month….. just at reversal .......hmmm when you see almost all the stocks being traded with a good volume ,(as seen in dse) every stock has buyers, and the price going up gradually . It is not very important at what price you bought it but you should buy at RIGHT TIME whatever the price is. Suppose, you bought a stock at tk 100 and now it is tk 90. You lost 10% . But if you bought it at tk120 and now it is 132. Next calculation is easy. Think about your buy price. The latter one is profitable although you bought at a higher price. So, set up your trading strategy first. It is always harder to exit a trade than to enter it.
You are not sure when to exit. Please don't forget that only lucky traders sell at highest price. Set up your exit point. But how? You don't know TA, FA or other things needed to trade smoothly. It's ok. Just you exit when price gets down 3% from its peak. Think once why it is getting down, certainly it has reasons behind it. You always don't need to know the reasons and in some cases it's impossible for us to know the same.Just notice the sell pressure.That's enough for you to set up your exit point.

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Padma Life Insurance Ltd. IPO subscribed 48 times !!!

Padma Life Insurance Ltd. IPO subscribed 48 times !!!

For the Primary  shares allocated by Padma Islami Life Insurance Company, the invesrors have a total of  8 lac 97 thousand and 748 in the application. 578 crore 45 lakh and  45 thousand application have been submitted which is about 48 times higher than the IPO price ! This information has been obtained primarily from the Company.

The  face value of  Tk 10 lac shares in the company of 1 crore 20 lac to collect the money. The foreign investors for 12 lac and 12 lac shares to Mutual fund will be allocated. The remaining 96 lac shares will be allocated to General investors. General Investors and Mutual Fund shares for a total of 8 lac  61 thousand 208 total  in the application submitted. These two categories 559 crore 68 lakh 45 thousand amount submission. 36 thousand 540 in total and by Bangladeshi application submitted with 18 crore 77 lakh. In the three categories of applicants will be allocated only 24 thousand people in this company.

Padma Islami Life Insurance Company is to collect money from Stock Market The Securities and Exchange Commission (SEC) in November approved the proposal. Paid up capital of 30 crores will be raised from the IPO process. In accordance with the requirements & Insurance Law  the capital will be collected with the help of 10 companies. 

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Support And Resistance in Technical Analysis

Support

A support level is a price level where the price tends to find support as it is going down. This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level.

Resistance

A resistance level is the opposite of a support level. It is where the price tends to find resistance as it is going up. This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely that it will continue rising until it finds another resistance level.

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EOD Data Of 01/12/2011

Dear Friends,
Download today's EOD data (Stockbangladesh Format). Just click here to download it in .rar format.Please uncheck "log errors'' and " automatically add new symbols" while uploading csv into your amibroker.

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CSV Of DSE

Dear visirors,

For last 3 days or so we missed .csv files from stockbangladesh.com . Here is the link you can download the csv files from. Just click on Download, you will get csv files of 29 /11/2011 and 30/11/2011. Important note : Please uncheck "log errors" and "automatically add new symbols" while uploading data into your amibroker. Also note that it will work as the csv you get from stockbangladesh.com

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Bullish And Bearish Volume in Stock Trading

How do we understand the health of a Market ? By Money Flow , by price and last but not the least VOLUME ! Yes, Volume is the second best indicator after PRICE itself. Here we have discussed about BULLISH and BEARISH volume . Interested Technical Analysts are requested to click on the image to enlarge it.

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Importance Of Volume In Stock Trading

Importance of Volume

Why Volume? Volume is the second most valuable data after the price itself.

Large volume signifies that there is large number of market participants involved, including financial institutions. The last ones bring the highest turnover to the market, and if they are trading, it means the interest to the price at certain point and/or to the trend overall is high. Small volume tells that there are very little participants in the market, neither buyers no sellers have any significant interest in the price. In addition, no financial institutions will be involved, thus a market is going to be moved only by individual traders and so the move will be weak.

Volume and Trend

Volume helps to learn about the health of a trend.

An uptrend is strong and healthy if Volume increases as price moves with the trend and decreases when price goes counter trend (correction periods).

When price is going up and volume is decreasing, it tells traders that a trend is unlikely to continue. Price may still attempt to increase at a slower pace, but once sellers get the grip on it (which will be signified by an increase in volume on a down candle), the price will fall.

A downtrend is strong and healthy if volume increases as price moves lower and decreases when it begins retracing upwards.

When price is falling and volume is decreasing, the downtrend is unlikely to continue. Price will either continue to decrease, but at a slower pace or start to rise.

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IPO Lottery Result Of Zahintex Industries Limited Is Available Here

The IPO Lottery Result Of Zahintex Industries Ltd has been uploaded here for your convenience.Please click here to download it. It is only 1.03MB.Thanks for patience.

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IPO Lottery Result Of Zahintex Industries Limited

The IPO Lottery Result Of Zahin Textile Ltd. will be available here as soon as it is published. Please note that you don't have to wait for long to download it as it will be in rar (.rar) format. Even with low bandwidth you will be able to download it in seconds.

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IPO Lottery Result Of Rangpur Dairy & Food Products Limited

Here is the IPO Lottery Result Of  Rangpur Dairy & Food Products Limited. Click here to download it in rar format.

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খুলনার একজন ক্ষুদ্র বিনিয়োগকারীর সাক্ষাৎকার

ENGLISH LAB * SSC * HSC * DEGREE * SPOKEN 40 CEMETERY ROAD,KHULNA

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TA Of Federal Insurance

T A of Federal Insurance on 27.07.11

High @ = 184.5
Close @ = 181.7 (4dM -11.9)
Open @ = 181
Low @ = 177.5

Volume = 102200

Body of the candle = 0.699997
Top Wick Size = 2.8
Bottom Wick Size = 3.5
Wick Size = 6.3
Full-candle Size = 7

..........................
Candle type = Up / Green / White

Candle:wick ratio = 1 : 0.111111
Wick:candle ratio = 1 : 9.00004

TopWick:BtmWick ratio = 1 : 0.800001

Gap between Bollingers = 39.5115

Candle:BBGap ratio = 1 : 0.02
BBGap:Candle ratio = 1 : 56.45

The Bollinger gap is wide enough to hold the candle in.
..........................

bb1cut = 8.58751% (O - bb1) = 6.01123
bb2cut = 65.0328% (O - bb2) = 45.5227









ENGLISH LAB * SSC * HSC * DEGREE * SPOKEN 40 CEMETERY ROAD,KHULNA

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DSE GENERAL INDEX

Please have a look on Dse General Index.



ENGLISH LAB * SSC * HSC * DEGREE * SPOKEN 40 CEMETERY ROAD,KHULNA

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OTC Market

Dhaka Stock Exchange Limited
OTC Manual
OTC Trading Manual (paper shares)

..............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
1. At first selling stock-dealer/stock-broker will submit salable securities to the exchange along with a sale
order mentioning Name of Securities, Quantity, Rate, Last Traded Price and Validity Time within 10:00
am to 12:00 pm on each trading day. (Sale Order enclosed).
2. After receiving the salable securities and sale order, OTC will record the order in the database and provide an official
receipt to the respective stock broker/stock dealer.
3. Then OTC will show the sale order through printed copy that is open for all buyers.
4. OTC is seller oriented. It provides only pick and choose facilities for the buyers. The interested buyers
(stock-dealer/stock-broker) can come to the OTC, check the log of sale orders and pick the securities of
his choice. After that, the buying stock dealer/stock-broker will submit a buy order to the OTC. (Buy
order enclosed)
5. Then the buying stock-dealer/stock-broker shall make full payment, including the commission or charges,
to the exchange through bank pay order/demand draft on the day of buy of securities at OTC within 2:00
pm to 4:00 pm.
6. The OTC shall deliver the concerned securities to the buying stock-dealer/stockbroker on the working day
following the day of crediting the amount of the pay order/demand draft in the exchange's bank account
maintained for this purpose.
7. The buying stock-dealer/stock-broker shall deposit the securities with the issuer company for registering
the securities in his name, or in the name of his customer within three working days of getting the
securities. The buying stock-dealer and stock-broker must collect deposit receipt at the time of depositing
the securities.
8. After that, the stock-dealer/stock-broker submits the deposit receipt copy of concerned securities to the
OTC within next two working days of issuance of such receipts.
9. The issuer company shall transfer the deposited securities in the name of the applicants and keep ready for
delivery of the securities to the depositor within five working days of receiving the securities providing
acknowledged copy to the OTC and the stock-dealer/stock-broker.
10. After getting the acknowledged copy, both buying stock-dealer/stock-broker and selling stockdealer/
stock-broker will sign in the trade confirmation copy that is maintained by OTC. (Trade
Confirmation enclosed).
11. The OTC shall make payment of the due amount to the selling stock-dealer/stockbroker by cheque on the
first working day following the receipt of confirmation of shares from the issuer company unless any
written objection arises. If no objection arises on the transactions then it will be considered that the
settlement has been completed.

ENGLISH LAB * SSC * HSC * DEGREE * SPOKEN 40 CEMETERY ROAD,KHULNA

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