How to Identify Reversal Patterns and Maximize Your Profits

Reversal patterns are critical indicators in technical analysis, signaling a potential change in the direction of a prevailing market trend. These patterns appear on stock charts when the market shows signs of weakening in its current direction, whether upward or downward, and is likely to reverse course.

Equity Report on ACI

ACI Limited is one of the largest business conglomerates in Bangladesh tracking a 5Y revenue CAGR of 16.3%; the company has 63.92% of free float market capitalization up to May 2024.

Uttara Bank
Equity Report on Uttara Bank PLC.

Uttara Bank PLC. is one of the largest private sector commercial banks in Bangladesh in terms of total assets, which stood at BDT 263,662 million, as at the end of 2023 with a CAGR of 6.8% over the past five years.

BUDGET ANALYSIS FY2024-25: Assessing The Implications for Capital Market

The size of the Bangladesh’s National Budget FY’2024-25 is BDT 7.97trillion which is 12% higher than the previous Budget FY’2023-24. The target of total tax revenue this year is Tk. 5.4 trillion which is 13.2% higher than the revised budget of FY’2023-24 and also ambitious for the sluggish in economic activities and disposable level. About 60% of the budget 2024-25 will be financed by NBR tax revenue, which is challenging due to lack of taxpayers and tax-culture. This year domestic borrowing is proposed at BDT 1.6 trillion which could limit private sector growth. In the proposed budget, ADP counted 2.65 trillion.