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Monday, October 13, 2008

my analysis

so market was good today.Actually on sunday public were panicked seeing world market fall.But news channel and dse officials assured that there is nothing to be panicked.I think big buyers took a chance on sunday.I have told before that general public has not enough guuts to buy stock in falling market.SO 590 crore was a buy.

Today word market seems bery good.dow jones gained 730 point.other stock exchange in america is also gaining.
hang seng gained 1515 points today.I think it may impact tomorrows asian market.Seeing this uptrend bangladeshi investors may get confidence to buy.So market is going to reach 3000 level again i think.

Today textile sector and cement sector showed strenght.i prefer cement.heidelberg's 52 weeks high is 1770 taka and meghnacement's 52 wekk high is 798 taka.confidence cement 560 tk.
So we may get a good spread in this sector if we enter.however we must be very  careful now as market is very volatile now a days.

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