Market is been running for the last 250 points without taking any pause or break, its right at the resistance. It would be better if it takes some pause before breaking the resistance else there are good chances of a fake breakout. Overall market have completely recovered from the previous losses and its in a positive territory. We want to see a close above 2300...
Another most effected was DFM heavy sell of was seen today along with other stocks. Wait for it to react at support zone. For now in a no trading zone. Hit like & follow guys ; )
Market is still bullish and its again taking a small pause,i think there is a possibility of one more push up.Well incase the market fails immediate support is 3230 zone, if this does not hold next support is around 3145 to 3120 zone. But over all market is very bullish!! Hit like & follow guys ;)
If we look at the bigger picture on a weekly chart we can see a massive pole and flag pattern breakout, i see a huge potential to upside coming up...surely i am holding this one !!! very bullish!1 Hit like & follow guys ;)
Its at a strong resistance we can see its opening with a gap down on daily basis its a indication of weakness. This resistance area is been tested again and again but with intervals, for now wait for a breakout above the resistance around 1.18 and then enter the trade. Yes the trend is still to the upside. hit like & follow guys ;)
With solid financial results i think emaar will break the resistance and close above 5.00 most likely also we have to keep in mind the swap share agreement for emaar malls as tomorrow is the last day to get the entitlement. I am very bullish on Emaar. Hit like & follow guys ;)
With strong fundamentals in play the stock that will benefit the most is DFM for sure. We so limit highs for the days atleast for 5 times in a row. With a bullish candlestick pattern i am expecting it to go more higher!! Very bullish for now!! Hit like & Follow guys ;)
I think Emaar properties will have a spectacular performance very soon, technically its looking bullish and also they are about the release the financial results which is expected to be positive. I see a good place of entry here and i also expect it to gap up tomorrow. Over all its bullish!! Hit like & follow guys ;)
What a performance in wednesdays sessions by Dubai Stock Market with good volumes. Market is surely climbing up but at the same time there are chances of a bearish chart pattern that is head & shoulder. If market does not cross the immediate resistance around 2870 zone then we can see a right shoulder forming and once it break the neckline we can see bloodbath in...
After a fall now market have to go through many hurdles, white lines are the resistance that it have to cross. Major resistance at 2874 zone, as of now market is very sensitive. Lets not rush to buy any stock as in negative sentiments market or stocks dont perform very well. Over all as of now market is in a no trade zone lets wait for a breakout!! Hit like &...
Market is going down day by day and no sign of relief at support levels. Its approaching a important support zone that is around 2800 level lets see if it bounce and move up else will go down around 2740 level if this is broken market will change it direction to a down trend which i hope doesnt happen. For now market is under pressure and needs a positive catalyst...
Its also in a no trading zone, even a good news last week could not hold this stock. Selling pressure is seen on all the stocks after the panic sell at the beginning of the week. As of now its in a no trading zone, let it break the resistance to enter the trade. As of now looking bearish, a good bounce from the support area around 0.285 is expected. Hit like and...
Deyaar after hitting the resistance around 0.340 made a bearish pattern - double tops, also we can see another patter that is bearish too M pattern. As of now its in a NO trading zone, most likely we should see a retest of 0.30 area. Also there is a gap that market created last week so market can also try to fill up that gap which will now act as resistance. Hit...
Watch out the video :) Hit like & follow to show your support !!!!!!
With Dubai Expo around the corner I think market will rebound very quickly after the panic selling seen for the last 2 days due to real estate company in China on the brink to collapse, its effect is seen all over the markets. Dubai Stock Market is still over all bullish and will react positive if world markets hold and recover. Support 1, 2 & 3 are broken already...
lets see after break of structure we expect to get pull back again from demand level or at the level of liquidity where we have opposite bias from our main trend
Expecting UPP to start the next bull move very soon as this current consolidation is broken to upside
DFM:AMANAT is targeting 1, 1.05 and 1.11, stop loss is around 0.74 Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!