SAIFPOWER Review | Share Analysis | Dhaka Stock Exchange | Got Return? Become An Investor

DISCLAIMER: Although I have been correct about these analysis dozens of times, it doesn't mean that I am correct this time. You'll have to connect to the information and then will have to make a decision for yourself. This is purely based on my expert opinion and there are no guarantees. Trading stock, forex etc carries high risk. As you trade with your own risk, be self-dependent and learn properly.

SAIFPOWER Review

It's an interesting fact when it comes to making a decision on buying or selling a share. Because traders then classified themselves into 2 categories. Technicians and Fundamentalists. But in reality, there is lots of overlap.

As per published SAIFPOWER news on 03 August 2017 :

The Company has informed that the production of new Battery unit of the Company, situated at Pubail, Gazipur, Dhaka, financed out of IPO & own fund, will be commenced from August 05, 2017. Initially the estimated production from Battery unit will be 2,65,000 Pcs. (Approx.) in the current year 2017-2018 and it will be increased to 5,50,000 Pcs (Approx.) by the end of the next year 2018-2019. The production will gradually be increased to 6,50,000 Pcs. (Approx.) later on.

As per Technical Analysis on 07 August 2017 :

It is clearly visible that, 'Rounding Bottom' was formed at the weekly time-frame and the price of this share went up rapidly from 22 Tk to 52 Tk. 

At daily and weekly time-frame, a new pattern is emerging and that is 'Symmetrical Triangle'.

The symmetrical triangle usually forms during a trend as a continuation pattern. While there are instances when symmetrical triangles mark important trend reversals, they more often mark a continuation of the current trend. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout.

* I think, the price should consolidate now specially after solid upside move. Look for bullish evidence to enter. The price of this share will go up in future and this is a share that the investors should follow.

* Be Fundamentally Driven and Take Entry & Exit Based on Technical Analysis.

Tips for the investors Never Let a Winner Turn Into a Loser

Pattern Mentioned Above : Rounding Bottom and Symmetrical Triangle.

'Got Return? Become An Investor'

Finance Source​ aims to solve the investment problem of people. Being a part of the 'Finance Source' we provide investment management service in Forex market & Stock market for our customers to generate a higher return on their investment (ROI). It is always better to become an investor.

Our commitment is to always act in our clients' sole best interest. Our job as your investment manager is to construct your portfolio with the highest quality investments available in order to offer the greatest probability of achieving higher returns.

*** Link : http://financesource123.blogspot.com/2017/07/investment-opportunity-in-stock-forex-market.html

Interested investors contact us for detail discussion.

Contact Info :

* skype : amirulopu 

* email : amirulopu@gmail.com

* Phn number : +8801771030917

* Facebook Page : https://www.facebook.com/financesource123/


Risk Disclaimer : Trading in the financial market carries risk.

#Finance_Source #FS #DSE #Stock #Share #Forex #Fx #Trading #Finance

Comments

Popular posts from this blog

Investment Opportunity In Forex & Stock Market With 85% Capital Protection. Investment Starts From $5000

How To Achieve An Appropriate Trading Mindset 101?

MERCANBANK Review | Share Analysis | Dhaka Stock Exchange | Got Return? Become An Investor