If we talk about the over all trend of Union Properties upp then its still in a downtrend thanks to the positive news they released in Thursdays session investor got excited about this news and bought this stock like crazy. It has hit the resistance zone that is at 0.330 we saw some selling coming it. If it can sustain above 0.310 and establish a base this will be...
The trend is still positive, for now Rak Properties is establishing its support zone, I think very soon bulls will charge in and push the price higher. I have bought some quantities at 1.14 will wait for a bullish candle to close above 1.16 to add more. Although it can even come down lower to retest 1.10 area. Will wait for price action at that support to buy more...
Its a stock that not traded with big volumes for now, kind of volatile with thin volumes. I think it has consolidated for so many days now also it have broken the resistance of 3.30 area most likely we will see 3.45 very soon.
Hit like & follow guys ;)
Bayanat is now looking very bullish, support is confirmed today with good volumes. I want to see tomorrow a small gap up opening and its ready to fly. Overall its a bullish stock now go for it.
Hit like & follow guys;)
Once we see a candle close above 3.10 it will be in bulls territory. So this is the time you put this stock in STALKING mode and wait for the breakout.
Hit like & follow guys;)
It would be a idea scenario if it can come down for a retest of 1.20 area and then show us buying pressure so that we can enter the trade. For now this stock should be in our stalking list.
Hit like & follow guys ;)
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 always good to have DIB in our portfolios, its in a healthy uptrend and also reported positive financial results. It would be a bit late to enter as of now as stop loss is way too far. However it can now be good for a positional trade. Looking Bullish!!
Hit like & follow guys ;)
