Its been performing very well and its in a strong uptrend. It will fill up the gap that it created very soon which is around 1.35-1.40 zone also earnings are up and mostly the results are positive thats why big boys are buying in bulk. Lets join them highly recommended!! Hit like & follow guys ;)
As we know fundamentally this company is not strong and is in a loss since long time, but technically this stock is at good level to go higher. I always recommend quick entry and exit in risky stocks!! hit like & follow guys ;)
Most likely we can see another rally to the upside its at a good support level a good buying pressure will add another confirmation to our trade idea. For now 20 day moving average is acting as support also golden ration of FIb level is giving us a go ahead. Time to STALK this STOCK very closely. Hit like & follow guys ;)
Over all Emaar is very bullish but since Dewa have joined the party Emaar is shying away most of the traders are now shifted to DEWA but Emaar is very strong and its getting ready for the break out. I think it will soon touch 7.00 but before that a small hurdle at 6.40 also dividends are coming up so many investors will like to add more position to their...
We have seen Deyaar has got a habit of surprising the market. Whenever we see its in a “bullish” mode and ready to go higher very same day it will be dumped and closed in RED!! At times when Deyaar is not expected to make any move it will suddenly close with a solid green candle. Lately its been under pressure and moving side ways most of the time. It was in a...
If you are a regular reader of my blogs you must have surely read my last analysis on Dubai Stock Market Index. Market is making new levels every week attracting international & local investors. Blue chip stocks like EmiratesNBD, Emaar Properties, Dubai Islamic Bank are in a strong uptrend and ready to go more higher. As of today 02/04/2022 Dubai Financial Market...
Its now approaching a strong resistance level that is 2.40 - 2.42 level. This can be a bull trap too so lets wait for it to cross the resistance with a proper candle close. Still the price is below 20 day moving average which is acting as resistance zone. Most of the stocks are now recovering from last 3 to 4 weeks selling pressure just a small bounce should not...
Its been under pressure lately also their financials are due and i am positive the results will be good. For now we can see it have broken the trendline and it facing tremendous resistance 1.230 - 1.260 Once this resistance is broken i think GFH will cross 1.36 hopefully positive news will help cross this resistance. Hit like & follow guys ;)
Today Deyaar bounced from the support zone in fact today was its last chance if the support was broken today it could have gone down till 0.420 levels. Thankfully it performed very well and the closing is very good it is surely good for a buy next strong resistance is at 0.520 and then 0.540 respectively. Looking very bullish now!! Hit like & follow guys;)
This stock is in a very strong uptrend, right into the support zone we are seeing buying pressure and the candle is very bullish. If tomorrow it crosses 29.60 this will be a good buying opportunity. Over all very bullish we can target 31.00 for short term gains. Hit like & follow guys ;)
very nice stock in a strong bull run also it hit 52 weeks high. Once a stock hits all time high there are very good chances that it will continue flying higher. If from Sunday over all market is positive this stock will surely grab many eye balls and go up. Very Bullish!!!! Hit like & follow guys ;)
Its very choppy and it will face many resistance moving up after the decline. Its not the stock that i would like to enter for now. I think it will come down to retest the lower levels...not too confident about this Hit like & FOLLOW GUYS ;)
When a stock is ranging its highly recommended to stay away from it and look for better opportunities. We want to trade when a stock is trending we buy with the big boys and book profits with them. For now this stock is in a range and it would be risky to buy this. I would suggest wait for a proper breakout! Hit like & follow guys ;)
I personally have stopped trading UPP as I am not confident with the companies fundamentals. Any ways the setup is looking good for a trade. I would recommend a quick entry and exit in the stock. Hit like & follow guys ;)
DIC is ready to fly again after making a fantastic move to the upside, if we can get a entry around 2.10 we can have a tight stop loss with good Risk Management. Also if I combine this setup with FIBO its giving us a good entry place at the golden ratio. Looking very bullish!! Hit like & follow guys ;)
If emaar is positive tomorrow with emiratesnbd I think market will cross 3200 and it will be considered as a good closing for the week. Also emaar can lead other real estate stocks along with smallies. For now we can see 2 successful bounces from the support zone and its been climbing up for the last 3 days. I am positive it will give market a good push. Hit...
As a stock trader we always want to buy a stock at a support with a smallest possible stop loss. DFM is just looking picture perfect if the market is positive tomorrow and with the positive news about xCube Dubai I think it is good trade setup. Still the trend is positive this can be a range based trade. Hit like & follow guys ;)
Well if we talk about the over all trend its still safe to say we are in a uptrend, but on daily chart surely we are seeing weakness. Deyaar could not break the resistance of 0.500 and how its under pressure. After the inverted head and shoulder pattern it broke out and also hit the target but could not continue the run. Volumes are very thing on Deyaar, it have...