There are good chances of reversal from this level, Emaar is been on a down trend for a while and tomorrow we can expect to see some bull power to reverse this trend. But again Friday is usually slow as its weekend so be careful only buy in small quantities so you can keep the position open over the weekend.
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More upside is coming if you have already bought it hold it guys, this stock is in a solid uptrend. Ride this to make profit.
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Its been under pressure since it hit the peak of 6.00 and since then its been falling down. There is a hope of bottom formation at current levels but for now i think it will go down further to retest the support level and make a reversal from there. Till the time its below the downward trendline there is no hope of it turning into bullish!!
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DFM market index is under pressure. Last closing is also very tricky, there are good chances it can go down to retest the lower levels. For now we can only consider it to be bullish once we see a solid closing above 3400 zone.
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The current share price of SALIK stands at 2.90, reflecting the overall market sentiment towards the company. With a market value of 5,329,289.81, SALIK has managed to garner significant interest from investors, as evident from the trading volume of 1,845,923 shares. This substantial volume indicates that the company's shares are actively being traded, showcasing...
Taaleem is stuck in a range and we can say its in a no trading zone for now. We have to wait for a breakout to take any position. Hopefully to the upside.
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For now its not looking very good as there are chances it can go further down. For now at a support level but it can hit the resistance as a bounce. Should be considered bullish ONLY when it closes above 6.00
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DFM:SHUAA is set to target 0.739 - 0.75 AED and then 0.8 - 0.82 AED once it breaks out above 0.66 AED. Stop level daily close below 0.57 AED.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Yes over all its very positive but now going side ways even i am holding this trade for about 4 days now. They will soon announce financial results and hopefully it will be positive. I am waiting for my target!!
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Over all market is bearish for now and its at a critical zone, there are 2 scenarios from here.
1) Market breaks the resistance levels of 3236.45,3282.50 & the major resistance of 3360. Market will struggle to break the resistances and come into BULL territory below 3360 market will be considered in Bear zone.
2) Market will go further down to retest 3120 which...
It could not pick up from the time of its listing. Its in a prominent down trend, today it tried to cross the resistance bot got rejected badly. For now stay away from this stock till a up trend is stablished.
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Its been in a range for ages now, yes its a breakout but for now its not interesting as its a range based breakout. We want to see a close above 1.24 to consider it bullish!! for now its in a no trading zone with plenty of supply. There is a news it will be getting listed in ADX soon so watch out guys.
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DFM seems to be developing a cup and handle, more visible in higher time frame., or what.
Hope this bounces upward. hope that the war/Covid/int rates won't let the bears win.
its been under pressure for the last 4 days after making a big move to the upside. Its now at a important support level we want to see buying pressure to confirm the support level with good volumes. If this happens and we see a candle close above 2.75 W pattern will be activated and most likely this time it will cross 3. For now its in a no trading zone lets wait...
DFM have shown us solid buying pressure right near the support zone, this is what we have been waiting for since the correction started. Todays gap up was first indication that it can fly although i was not expecting this big move but yes i was expecting some positive reaction into the support zone. More IPOs are coming up DFM will benefit the most so its a very...
