Company Analysis on MJL Bangladesh PLC

MJL Bangladesh PLC (MJLBD), a joint venture between EC Securities Ltd. and Jamuna Oil Company Ltd., stands as a market leader in Bangladesh’s fuel, lubricant, and LPG sectors. As the exclusive local partner of ExxonMobil, the company operates a state-of-the-art lube oil blending plant and maintains a strong portfolio through its subsidiaries: Omera Petroleum Lt

How to Use Fibonacci Retracements to Improve Trade Entries

Fibonacci retracement is an essential tool in technical analysis, often used by traders to identify potential entry and exit points in financial markets. By exploring its fundamental concepts, essential drawing techniques, and psychological underpinnings, traders can gain a deeper understanding of market dynamics.

Triangle Patterns in Trading​

riangle patterns are some of the most widely used technical analysis tools in trading. They help traders identify potential breakout points, trend continuation, and possible reversals in the market. These patterns are formed by drawing trendlines along converging price movements and are classified into three main types: Ascending Triangle, Descending

RIL’s Company Analysis on Grameenphone

Grameenphone Limited (GP) is the largest mobile telecommunications operator in Bangladesh, boasting 84.83 million subscribers and a 44% of local market share as of 2023. The company was founded in 1996 and operates as a subsidiary of Telenor Group(Norway), which holds a majority share of 55.8%.

Pattern Trading Mistakes to Avoid: Tips for Beginners

Pattern trading is a popular strategy for beginners and seasoned traders alike, offering a structured way to analyze price movements and predict market trends.