Case Study : DSEGEN INDEX

DSE General Index now at 5209. We are standing on a Psychological Support at 5000 and a Fibonacci Retracement Support around 4920. Please see the below chart :

                                (Pls. click on the image to enlarge)

What should we do now :

=> If you bought share between General Index 5000 and 5300 : Please tighten your stop-loss. If you find reversal you may increase your position.

=> If your loss grater than 30% : I've some advice for you. Now, you have nothing to lose. You may think - you have invested for long term like FDR.

=> If you have cash, you may wait for the reversal. If you can't patience, you may take a taste of the market by a little portion of your money (15%-20%). Pls. don't forget the Stop-loss.

Finally, hopping and prying for a stable market. by JC