Deyaar is getting stronger fundamentally and technically as well. Thanks to the real estate boom in the DUBAI. New launches and deliveries is make Deyaar more profitable and its increasing its portfolio. Overall the trend in UP its been correcting itself on the way up so its healthy. Next strong area of resistance is at 0.763-0.765 zone This stock should be above...
Its getting stronger fundamentally with Dubai real estate market booming its developers time to make money and Deyaar is playing out very well they have recently launched a project that was sold out and soon deliveries for other projects will start. With todays candle close and volumes i think it will continue its upside momentum. Buts lets not forget Dubai Taxi...
It could not survive or recover completely although its financial results were very promising. Good chances it can come down to retest 1.33 zone and then may be we can see a bounce. Very small volumes for now it this stock. Need market maker who can provide liquidity for this particular stock. Hit like & follow guys ;)
The share of Dubai Financial Markets(DFM) went up in an impulse in March 2023 and then from July - oct end retraced 78% of the impulse. The share now completed a simple zig zag correction(ABC) and is all set to move towards AED 1.86 mark in coming few moths. Note*- this post is for educational purpose only
Emaar From Covid Low of mar 2020, it returned 4x in 3.5 years, more than the best real estate deal one could get. And was liquid all the way.....okay liquid 5 days a week !! At AED 6.3, its available due to the war like situation in Gaza. Load up at the current levels , the best high beta and liquid way to get exposure to Dubai Real Estate.
This stock is very stock fundamentally and now we are seeing good technicals on this chart. We are seeing good buying pressure at very important support and resistance zone. I think the rally will continue to the upside and it will hit the targets. This stock also give good dividends, good for long term holding. Hit like & follow guys ;)
Ajman Bank after the rights issue which was over subscribed, now its getting ready for a breakout. I am still bullish on this stock I think we should see 2.50 very soon. Hit like & follow guys ;)
Still bullish and there is a chance of quick entry and exit in UPP for now its just taking some pause. If deyaar makes some big moves UPP will follow too. This one is good for a quick entry and exit. Hit like & follow guys ;)
Emaar should continue its upside momentum real estate sector is booming which pushing revenues higher and brining in more money for the companies. Any dip for now should be considered as buying opportunity till the time we dont see a breakdown of the trendline. Hit like & follow guys ;)
Ajmanbank is looking interesting and ready to explode coming week most likely. Fridays volume is very impressive and I think if bulls can open with a small gap up in Mondays session I think it will break out and will cross 2.50 very soon. Over all Ajmanbank is bullish. Hit like & follow guys ;)
After the capital adjustment this stock is just flying high and there is no question of turning back. Stongly bullish any dip is a buying opportunity also i think very soon it will touch 6.50 Hit like & follow guys ;)
DFM is been slow lately, I was expecting DFM would be the best performer because the market got many IPOs and DFM will directly benefit from it. But to my surprise it still below 2.0 I guess its under performing. This stock should de above 5 after so many new listings in the market, also the turnover & volume of the market have significantly increased which is...
GFH is getting ready for another big move, Support is very near and there are very good chances it will break the resistance coming days. Looking bullish for now. Hit like & follow guys ;)
Air Arabia is trending up, however its at a resistance area it it survives here then the next target is around 2.80 over all air arabia is positive. Hit like & follow guys ;)
Well Al Ansari is disappointing for now we are not seeing any interesting moves since the time it got listed, how ever its trading in a range lets wait for a breakout. I hope that it breaks to the upside and starts a bull trend. Hit like & follow guys ;)
Dewa is one of the heavy weighted stocks in Dubai Financial Market, it also pays out very good dividends. From here any dip will be a buying opportunity. Over all very bullish!! Hit like & follow guys;)
DFM has been in a bear trend since April 2022 Currently if we assume that the bottom was 1.12 levels then according to fib golden pocket it will not be a Bullish reversal confirmation until it hits back 2.11 levels At the moment this bearish channel drawn also needs to be broken to make an assumption that yes now its making new Highs to come out of the bear...
Over all Emaar after distributing dividends is still looking positive, i see this stock is very good for long term holding. Hit like & follow guys ;)