S A H Md Nayemuddin Shibli

E-mail: syed@bdsecurities.com.bd
Cell: 01972 33 75 09
Per: 01745 104804

Overview of Dhaka Stock Exchange Prime Index: DSEX

Moving Averages
Support Resistance
SMA 10 4717
Level 1 4695 Level 1 4850
SMA 22 4725
Level 2 4680 Level 2 4800
SMA 45 4757
Level 3 4500 Level 3 4730
EMA 50 4792
EMA 100 4922
WMA 250 5110
DEMA 100 4717

DSEX
DSEX has been in a sharp down trend since early January 2019 with little ups and downs. In the
period of January to mid-April the index experienced a sharp fall and triggered panic sell which is
continuing till date. In a positive note from the early October the index has been moving in a
congestion area between 4680 and 4800 in a result of several steps taken by the government
and related authorities. We can consider this area as power saving area as a successful breakout
above this area will start a quick and strong rally in the coming time. Above listed moving
averages and Support/Resistance data should be taken in consideration to gauge the movement
of DSE prime index thus the market. We are hopeful market will take a positive effort to break
the resistance level with much power anytime soon.
We would suggest to start accumulating the stocks currently trading at their lowest value and
those investors thinks are undervalued. A midterm investment strategy is highly recommended.

Below we have attached two charts of DSEX for the information. One in a broader look and the
other one is in a closer look. An insightful look should help the investors to see the market
potentials.
S A H Md Nayemuddin Shibli
E-mail: syed@bdsecurities.com.bd
Cell: 01972 33 75 09
Per: 01745 104804
S A H Md Nayemuddin Shibli
E-mail: syed@bdsecurities.com.bd
Cell: 01972 33 75 09
Per: 01745 104804