Market have broken a strong resistance level that is 2250 right at 200ema and now its proceeding with its journey to 2400. No much of resistance till thn but profit booking can be expected. It may retrace a little to take a small hold and resume to the upside. Sure its very bullish and more upside expected.
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I had mentioned in my previous trade that it have taken a good support and is now ready to move to the upside, Next target can be around 0.90 its bullish for now
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The news did help to push the price upside, i think it will come back to fill the gap and the support level that is around 0.60 level it would be good chance again to buy at that level. Overall very bullish
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Still going with the same plan if it wants to change the momentum it have to first come within the range and thn give a breakout to the upside. As of now its bearish.
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As expected it could not break the barrier of 200ema in one go , in my previous analysis i had mention the same and i still hold the same opinion that it will take some rest before it crosses 200ema as its strong and important resistance level. Lets take a note here that bulls are active from 2000 level and the market almost touched 2250 sure at any resistance...
If you have taken this trade as per my trading plan sure you are in profits, Keep you first target around 0.640 for a bit longer period. If you want to book profits tomorrow is a good day too.
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Lets see how it performs at the resistance level which is 2.95 to 3.00 in my opinion it will take a little hold and the resume its uptrend. Once it crosses 3.00 it will surely retest and it will be a good chance to enter for who have missed this trade at the lower levels. Thats why its said market will always give a chance, if you are smart enuf thn you know when...
Tomorrow will be a interesting scenario in DFM as its right at 200ema which will act as a dynamic resistance level for the market, in my opinion it will not cross in one go and we may witness some profit booking tomorrow. We can back test in charts when ever there is any important support or resistance level market needs to breath before it takes a big jump again....
Its been in this level for so many days its test the resistance line for so many times but its failing to give a breakout. 0.450 to 0.460 is a strong resistance level its not able to close above it. Once it does am sure buyers will come with big money and buy this one. It falls under insurance sector which is currently doing good and generating good revenues. I am...
If UPP have to change its trend that is from up to down trend it will mostly retest the 0.325 level and get rejected to come down around 0,30 level which is strong psychologial and technical support area. Scenario 2 is it gets back within the trading range that it was in for last so many days and show a bullish sign to continue its up trend.
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Its at the support level trying to give a breakout, it bullish overall and its trending up. We can say after the big move its not consolidating and will again give a move to the upside. Insurance sector over all is showing positive signs so we trade with the trend and profit out of it. Bullish!!
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It have crossed the major hurdle and its good for a buy now, in tomorrows session i will try to enter and my target will be 0.90 it looks very bullish and ready to fly.
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Its still trying to push up but its failing to cross the resistance level. Once it cross it will make big move as buyers are waiting for it to cross this level and take positions. Lets stalk this stock and enter with big fishes are entering.
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Its approaching a very important resistance level it will be very interesting to see how it performs now. I think it will not cross the 200 ema in first go it will face some resistance and it may consolidate in the same level before it breaks through. Bulls are active and strong as of now but needs rest to do the BIG WORK NOW!! I am bullish as usual :)
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After the break of trendline its trending higher but its showing signs of weakness, there are good chances it may retest 2.70 again and the push to upside. This is looking bullish a small correction after a breakout is healthy to push the prices higher.
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Its at very good level, it just broke it resistance level and wast about to go further up but unfortunately its not trading as they didnt submit the reports that is required by the market. I am in this trade lets see how the report reacts once the release it. I m bullish on this one.
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This stock is not traded with big volumes as its at resistance level now and its been rejected so many times earlier. Sellers are sitting at 0.450 to 0.455 if this level is crossed it will make good big move.It have previously tried so many times but failed at the same time when a particular level is tested again and again it becomes weaker and weaker. I think it...
After the breakout DFM is closing higher everyday its on a bull ride my next immediate target is 2250. I see a strong resistance at around 200ema that comes exactly at 2250 level. It will be very crucial and important that it crosses it to continue its bull ride. Very important point here, it cannot cross the 200ema in 1 go even if it crosses it will come down and...
