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taj bhai ..I would like to buy makson tomorrow.it would be great if you can give TA of Makson...many thx

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Originally Posted by Suman Ahmed:
taj bhai ..I would like to buy makson tomorrow.it would be great if you can give TA of Makson...many thx

Makson shows strength to rise. Few days before one director declared to sell 16 lac share, I think by this time it has been absorbed, Even the supply of a good number of shares cannot fall the price, the shares have been absorbed with a narrow price range. Volume is almost dry. Fundamentally it is also a good share. I believe it will start rally any time. it may be tomorrow or day after tomorrow.

Now come to the technical analysis;

ATR is in uptrend
ADX (14.33) is on trend
RSI (39.79) is still in buy range
Stochastic (35) is in uptrend
CCI (-83) is decreasing but starts upmove
MACD line just crossed the signal line, indicates rise
it is now in lower bollinger band, has almost no chance to fall
It is now below all moving average
As per Fibo retracement , it is now below 38.6% Fibo line and touches 23.6% fibo line which indicates a bullish reversal. This line is also known as GOLDEN LINE, 38.2% fibo line is far away. That means, it can go upto 68 taka without any resistance.

As per TA, you can go for makson. I have also a good number of shares of makson and I believe it will nearly award me 16-20% profit within a very short time.

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Originally Posted by Taj U Ahmed:

Originally Posted by Suman Ahmed:
taj bhai ..I would like to buy makson tomorrow.it would be great if you can give TA of Makson...many thx

Makson shows strength to rise. Few days before one director declared to sell 16 lac share, I think by this time it has been absorbed, Even the supply of a good number of shares cannot fall the price, the shares have been absorbed with a narrow price range. Volume is almost dry. Fundamentally it is also a good share. I believe it will start rally any time. it may be tomorrow or day after tomorrow.

Now come to the technical analysis;

ATR is in uptrend
ADX (14.33) is on trend
RSI (39.79) is still in buy range
Stochastic (35) is in uptrend
CCI (-83) is decreasing but starts upmove
MACD line just crossed the signal line, indicates rise
it is now in lower bollinger band, has almost no chance to fall
It is now below all moving average
As per Fibo retracement , it is now below 38.6% Fibo line and touches 23.6% fibo line which indicates a bullish reversal. This line is also known as GOLDEN LINE, 38.2% fibo line is far away. That means, it can go upto 68 taka without any resistance.

As per TA, you can go for makson. I have also a good number of shares of makson and I believe it will nearly award me 16-20% profit within a very short time.

THIS IS MY 2000TH POST in the FORUM

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Great! 2000 post. Bro ur post will be countless that I wish, 'couse we need ur continuous support . . .

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Originally Posted by Hassan Shahriar:
Great! 2000 post. Bro ur post will be countless that I wish, 'couse we need ur continuous support . . .

Thanks

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Originally Posted by Taj U Ahmed:

Originally Posted by Suman Ahmed:
taj bhai ..I would like to buy makson tomorrow.it would be great if you can give TA of Makson...many thx

Makson shows strength to rise. Few days before one director declared to sell 16 lac share, I think by this time it has been absorbed, Even the supply of a good number of shares cannot fall the price, the shares have been absorbed with a narrow price range. Volume is almost dry. Fundamentally it is also a good share. I believe it will start rally any time. it may be tomorrow or day after tomorrow.

Now come to the technical analysis;

ATR is in uptrend
ADX (14.33) is on trend
RSI (39.79) is still in buy range
Stochastic (35) is in uptrend
CCI (-83) is decreasing but starts upmove
MACD line just crossed the signal line, indicates rise
it is now in lower bollinger band, has almost no chance to fall
It is now below all moving average
As per Fibo retracement , it is now below 38.6% Fibo line and touches 23.6% fibo line which indicates a bullish reversal. This line is also known as GOLDEN LINE, 38.2% fibo line is far away. That means, it can go upto 68 taka without any resistance.

As per TA, you can go for makson. I have also a good number of shares of makson and I believe it will nearly award me 16-20% profit within a very short time.

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Welcome for 2000.   Alhamdulillah.
Great effort, nice job with very much sincerity.
May Almighty Allah bless you.

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congratz taj bhai!!!

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May Allah bless you sir.

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     MAKSONSPIN
News:     (H/Y): As per un-audited half yearly accounts as on 31.03.11 (Oct'10 to Mar'11), the Company has reported profit after tax of Tk. 273.76 m. with EPS of Tk. 1.61 as against Tk. 105.29 m. and Tk. 1.61 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 63.35 m. as on 31.03.11 (Oct'10 to Mar'11) which was Tk. 11.50 m. as on 31.03.10 (Oct' 09 to Mar' 10). Whereas profit after tax was Tk. 125.99 m. with EPS of Tk. 0.74 for the period of 3 months (Jan'11 to Mar'11) ended on 31.03.11 as against Tk. 61.07 m. and Tk. 0.93 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 33.69 m. as on 31.03.11 (Jan'11 to Mar'11) which was Tk. 3.51 m. as on 31.03.10 (Jan'10 to Mar'10).
Expire Date:     2011-04-28

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What about Makson future???

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Taj bhai after published above news what is the future of Maksonspin ??  can u explain for us ??

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Originally Posted by Babu Mazumdar:
     MAKSONSPIN
News:     (H/Y): As per un-audited half yearly accounts as on 31.03.11 (Oct'10 to Mar'11), the Company has reported profit after tax of Tk. 273.76 m. with EPS of Tk. 1.61 as against Tk. 105.29 m. and Tk. 1.61 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 63.35 m. as on 31.03.11 (Oct'10 to Mar'11) which was Tk. 11.50 m. as on 31.03.10 (Oct' 09 to Mar' 10). Whereas profit after tax was Tk. 125.99 m. with EPS of Tk. 0.74 for the period of 3 months (Jan'11 to Mar'11) ended on 31.03.11 as against Tk. 61.07 m. and Tk. 0.93 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 33.69 m. as on 31.03.11 (Jan'11 to Mar'11) which was Tk. 3.51 m. as on 31.03.10 (Jan'10 to Mar'10).
Expire Date:     2011-04-28

তাজ ভাই..., তিতাস ...ডিসকো ...ম্যাক্সন ...মেট্রো... কেয়া কস ... সবার কি হল ... এর চেয়ে ত জিল বাংলা ভাল ...

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Its a bad news and it will affect the price. Sometimes DIRECTORS sell published. The chart indication was good and chart said the scrip had chance to rise. But we intentionally did not take into the the matter in consideration. This is a lesson for us: WHEN any DIRECTORS/SPONSORS sell are declared to sell before any quarterly declaration, it means there is some problem with the share. We should have considered it. I am also the victim of it. Those who held the share will be more looser. I have considered the stop loss price at 51, I wait and and SOLD when I saw the price goes below 51 and I sold my shares at 50.60 with 10% loss.

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Originally Posted by Adv Kabir Sagor:

Originally Posted by Babu Mazumdar:
     MAKSONSPIN
News:     (H/Y): As per un-audited half yearly accounts as on 31.03.11 (Oct'10 to Mar'11), the Company has reported profit after tax of Tk. 273.76 m. with EPS of Tk. 1.61 as against Tk. 105.29 m. and Tk. 1.61 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 63.35 m. as on 31.03.11 (Oct'10 to Mar'11) which was Tk. 11.50 m. as on 31.03.10 (Oct' 09 to Mar' 10). Whereas profit after tax was Tk. 125.99 m. with EPS of Tk. 0.74 for the period of 3 months (Jan'11 to Mar'11) ended on 31.03.11 as against Tk. 61.07 m. and Tk. 0.93 (restated) respectively for the same period of the previous year. 'Other Income' of the company was Tk. 33.69 m. as on 31.03.11 (Jan'11 to Mar'11) which was Tk. 3.51 m. as on 31.03.10 (Jan'10 to Mar'10).
Expire Date:     2011-04-28

তাজ ভাই..., তিতাস ...ডিসকো ...ম্যাক্সন ...মেট্রো... কেয়া কস ... সবার কি হল ... এর চেয়ে ত জিল বাংলা ভাল ...

jil bangla suspended.