Banking sector was performing good but currently under pressure. Well there are scenarios as DIB is right at the strong support level if 4.90 hold we can expect a rebound for that to happen it should first break the trendline to give us some confirmation. If the support is broken that is around 4.90 we can see some sharp selling till 4.75 levels. As of now its...
The stock has been moving in a clear direction since last year, which is the ascending channel, the points are clear in the chart. The support area at 4.70 is a very stubborn area as it represents the lower trend line, and we should pay attention to it so that if a full candle closes below it, it means a severe drop, but except Therefore, the stock is likely to...
Its one of the best stock in dubai stock market with strong fundamentals and strong technicals its in a uptrend as of now it back at the support area after hitting the resistance. We are seeing doji candles right at the support area it means selling pressure is very less and it can again bounce back to the upside. Very Bullish!! Hit like & follow guys ;)
Long Dubai Islamic Bank you may double your position
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Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction DIB (DFM) - Still Bullish Trend
After the financial report it have been under pressure, however its almost at a very crucial support levels, once we see a nice bullish candle confirming buying have started its good time to enter. Its still in a uptrend!! hit like & follow guys ;)
A very strong stock and in a strong uptrend as of now its ranging. Good for a buy at the support level that is around 5.00 and upper range that is the resistance level of 5.14 over all in a bullish and uptrend. Hit like & follow guys ;)
DIB actually can break the roof of the channel and then it would go towards the next channel roof. But it can goes down because it has a resistance in front of its route. So be careful and wait to determine more accurate.
Again same thing for DIB we want to see another candle closing to decide on the trade as of now it have made a small candle and closed below the support line which will not act as a resistance. If we see an green candle closing tomorrow it will be a good buy as of now lets wait and watch over all in a uptrend. Hit like & follow guys ;)
If you are following my trade plan i had mention earlier its very bullish and next target is at 4.60 its a very good stock with very good technicals and fundamentals too. I will not be surprised if it start a small correction from here. Hit like & follow guys !!
When it moves it moves the index along with it. More upside expcted and its bullish!! Hit like & follow guys !!
Its trying to push to the upside and sustaining the gains after it made a inverted hammer candle at the top which is a sign of bearishness and weakness in the market. Good support at 4.40 level and next target is 0.460 Hit like & follow
DUBAI ISLAMIC BANK GO UP NEXT WEEK. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Its a very strong stock fundamentally and technically also at the same time its good for long term investment. Over all very bullish!! Hit like & follow guys ;)
This is one of the strongest stock in DFM both technically and fundamentally as well. It have now crossed the dynamic resistance of 200ema and more upside expected. In a nice uptrend and good for a buy!! Hit like & follow guys ;)
Very strong stock technically and fundamentally. Also its heavy weighted on index of DFM. It have made a base at the current level of 4.30 and now ready to take off again for a big ride the next target is 4.60 Very bullish Hit like & follow guys