Metals have been one of the core drivers of industrialization. Among metals, steel has historically held a dominant position. As raw material and intermediate products, the production and consumption of steel are widely regarded as indicators of economic progress. Thus, it would not be an overstatement to say that the steel industry has always been…
The moving average is one of the most popular and widely used trading indicators used by traders and technical analysts to identify the direction of the trend. Moving average generally sums up many data points of a financial asset over a time period and divides the total value by the number of data points. As…
Bangladesh Steel Re-Rolling Mills Limited (BSRMLTD) is the oldest steel re-rolling mill in Bangladesh. They began their journey with four manual rolling mills in 1952 as the first-ever steel mill in Bangladesh. Today, Bangladesh Steel Re-Rolling Mills Limited (BSRMLTD) is the largest merchant steel re-rolling mill in Bangladesh. BSRMLTD is capable of producing high-quality…
Summit Power Limited (SPL) is a subsidiary of Summit Group which is the largest infrastructure conglomerate of Bangladesh. SPL owns and operates 15 power plants in different locations across Bangladesh. The market capitalization of Summit Power is almost 51.26B which is almost 0.9% of the total market capitalization of the broad index of the Dhaka…
Technical and fundamental analysis are two different ways of studying movements in financial markets. Each type of analysis looks at quotes from different points of view and this determines how traders anticipate the market. However, it is possible to use elements from each of these studies to complement an effective trading strategy, so we will see how to…
