We can see similar pattern previously after every red candle market pushes up, thursdays candle is positive and buying have again started. I think more upside is expected on this, lets wait for a break of this trend line to sell till thn its good for holding. very bullish after the financial results. 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 ;)
Emaar is over all bullish but for now bit tricky, good chances for it to touch 5.0 which is strong technical and psychological resistance area. We can see its making higher highs and higher lows but as of now bit extended too. With strong fundamentals and merger news there are good chances of it crossing or atleast touch 5.00 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 ;)
We can see a triple bottom chart pattern here. Good news is that this particular level is holding and buyers are stepping in to hold this level. Volume is above average, it looks good for coming week. Emaar is good for a long term investment with strong fundamentals. Hit like & follow guys ;)
Its going through selling pressure, real estate is not performing well in the stock market for now. This level is tested 3 times already and now its getting weaker bulls have to soon jump in to protect this level and bounce up else more downside is expected. As of now its in a no trading zone, dont try to catch a falling knife plenty of people have gone bankrupt...
Over all market is weaker, Emaar is also not performing although real estate sector have been performing well and have picked up ahead of expo2020. Its are a support zone now lets hope to see some buying pressure around this area. Hit like & Support guys ;)
Last week was not very good for Emaar Properties, selling pressure was seen almost through out the week. With important support level broken its looking weaker. Immediate support is at 4.05 and resistance is now at 4.15 we can see 2 possible scenarios from here, First it may come down to retest a strong support at 4.00 or it moves updates from the last closing....
A very high weighted stock like Emaar is under pressure and is pushing down the whole real estate sector. International markets are surely getting the negative effect from the Chinese real estate company that is almost about to collapse. With some recovery seen in the international markets today lets hope to see some stability in Dubai Stock Market as well. Emaar...
DFM:EMAAR broke out supported by a bullish cross over between the 200 SMA and 50 SMA. Any pullback towards 3.26 or if the pullback extends toward 3.06 is considered a buying opportunity. Short term targets with anticipated price action are shown on the chart. Hit the like button please if you find this useful :) This is only my own view and not a financial...
EMAAR PROPERTIES WILL GO UP LONG **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.
The market need to do a pull back at the resistance level which will work as a great magnet/support, and after this recent candle we can expect a down within the level of 10.17,
Is this a retest of the trend line that it just broke few days ago? if yes we should see a green candle tomorrow and its good for a buy for a next target of 3.0 - 3.10 over all still bullish hit like & follow guys ;)
Please share with me your thoughts, Regards
It have made a inside day candle, all we can do is wait for the breakout i am still bullish on this one and expect that it will cross the recent high very soon. Over all bullish!! Hit like & follow guys ;)
It was a very good trade to take in thursdays session as it was a very good setup its one of my favorite setup, stock in a uptrend thn retraces down to support and makes doji and thn makes green candle. If you have taken this trade the next target is 3.05 that will be a strong resistance level. Bullish on this one!! Hit like and follow guys!
The patter got activated and prices pushed to the downside. More down expected till the support level unless in the next session it make a bullish candle.So far bullish now in correction phase. Hit like & support
The strong resistance that was 2.95 level it got broken and also today it go retested very good time to buy at tht level and soon it will approach the resistance level that is 200ema. Lets see if it can cross that too with ease. Sure BULLISH Hit like & Follow