This stock is now unstoppable !!! I would recommend this stock to be in you portfolio for long term and it will give you some handsome profits for sure along with dividends. From the fundamental side more new companies are about to list on DFM which will increase the volume, liquidity which is more revenues for DFM so this stock will touch skies. Last closing was...
Scenario 1 - Its at a very right place to burst upside that will be very ideal and a profitable, here I can see pattern with in a pattern and both are bullish. First is the triable pattern which is clearly formed and second is a potential inverted head & shoulder pattern that may form in coming days. To activate this pattern its very important that it stays...
This is the monthly chart of DFM Index, market is in a healthy uptrend since April 2020 the best part is its moving up with small corrections and we dont see any parabolic moves. To continue a trend its always good that market corrects itself or come back to equilibrium to resume the primary trend. For now immediate hurdle for the market is to cross 3300 level....
No doubt this is very strong stock, once it cross 5.43 thats a strong resistance i think this will again go back to the swing high. Over all this is a bullish stock. Hit like & follow guys ;)
Well we all know fundamentally this stock is not very strong, but technically it have showed us a buy signal today. Looks good for intraday trade, a quick entry and exit is recommended. Hit like & follow guys :)
It have tested the support zone so many times and with todays closing i think buyers are in action, it looks good till the gap which will potentially act like a resistance also it can be a TP1 hit like & follow guys ;)
We can identify a double bottom patter in deyaar which is bullish also it have broken the neckline/resistance and closed higher. With the current scenario in the market with low volumes there are high changes that it may come back for the retest, this will be a buying opportunity for those of have missed the trade. Shift in the momentum is seen lets hope that is...
For now its under pressure more selling will be triggered if it goes below 4.70, strong support at 4.65. If we want see a bullish scenario we can expect market to make a inside day candle tomorrow and later in the week close above 4.90. For now its in a no trading zone. Hit like & Follow guys ;)
Market is at a crucial level for now, to be bullish market have to close above 3175 else market will be under more pressure. Looking at the covid scenario more economies are implementing travel restrictions as cases are increasing rapidly around the world. Most likely markets will be under pressure till there is significant news about the vaccine or cases drop...
A very strong stock, still there is a small gap to touch the resistance it can be a good intra day trade. Over all its very bullish!! Hit like & follow guys ;)
Over all bullish and it have recovered from the previous fall, I think it will make a big move soon to the upside. Its right at the support and at a buy zone sellers have tried to bring it lower but the very next day we can see bulls taking charge and holding the support zone. Very Bullish!! Hit like & follow guys ;)
Pattern breakouts are very powerful, i was expecting a bigger reaction today after the positive news and the breakout of this bullish chart pattern. Overall still very positive and looks bullish!! Recommended!! Hit like & Follow guys ;)
Market is been running for the last 250 points without taking any pause or break, its right at the resistance. It would be better if it takes some pause before breaking the resistance else there are good chances of a fake breakout. Overall market have completely recovered from the previous losses and its in a positive territory. We want to see a close above 2300...
This stock is very slow with low volumes most of the time, overall insurance sector is under pressure for now. If this pattern gets activated it can be a very profitable trade. This is a bullish chart identified on a weekly time frame so the effect can bigger. Its in a range since so many weeks if it breakout positive the impact will be very big. Looks...
Lets see if the market can recover fully and resume its uptrend. For now i can see some good signs of market recovery. Hit like & follow ;)
Market after heavy selloff market have to clear all the resistances on its way. More negative news about covid 19 new variant is creating havoc !! most likely we will also see sell off tomorrow !!! For now stay away from the market.
Market today recovered a bit but could not cross the resistance that was earlier a support zone, with international markets in recover mode i think UAE stocks will also recover slowly. Trend is still to the updside. Hit like & follow guys ;)
After the delisting of emaar malls today many of the traders got swap shares and many booked the profit. If we read the candles yesterday was first indication that market may sell off. This is the power of technical analysis. Support zones are marked in white lines watch out for a good chart pattern to enter the trade. Wait & watch game for now. Hit like &...