Dubai Islamic Bank reach a resistance level needs to correct after that possibly will continue rising .
Very strong stock with heavy weightage in the market, index moves along with this stock! In a strong uptrend and now approaching resistance so watch out and book profits. Hit like & support
Inside ascending channel its on the lower trend line even break or reject put your plan and strategy.
Its stuck in a range for now, its just at the support level around 3.85 it has a good chance to make a doji or a hammer candle which should confirm the support area. Traders those who like to trade the range will take the trade and keep the target at the upper range. I would like to take this one once its giving a proper trend. Over all its still bullish for now....
Its in a range and will give a breakout soon, fundamentally this stock is strong no doubt about it. If it closes above 3.97 it will confirm the W pattern and will move upside. I am bullish on this one Hit like & follow
Its a heavy weighted stock means dfm index moves when the price of this stock moves. Lets analyse, its a uptrend stock and retracing after the breakout i had previously also mentioned in my idea to go long on this one as this stock is very strong fundamentally and technically too. After the breakout it took support at 3.80 level and it have come back for the...
We just cant buy or sell any stock, we have to wait for the proper level a good setup and a nice trigger. How do you do that? we have to keep an eye on the stock, you have to stalk the stock till it gives you your setup to invest into it. I will wait for it to come to my level give me a good buy signal and thn will go for the kill :) Hit like & Share
Another breakout stock, it gave a solid confirmation to the upside i doubt if it will retest immediately as its given a confirmation after a series of djoi candles. I see more upside in coming days. Bulls are here. Happy Trading :) Hit Like & Follow
Expecting a fall in Dubai Islamic Bank share to go near 4.6-4.3 initially , we can also possibly see more decline in price coming year 2020