Emaar has been opening with small gap downs but its still surviving and closing positive. Its right at strong support and ready ready to fly higher from here. Catch this train!
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For now Burjeel is looking positive and its in a chart pattern, lets wait for the breakout i am still very Bullish on Burjeel Holdings. Tomorrow if it opens flat or with a gap up most likely we should see it going north. Else if overall market is negative it may come down for a retest.
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Emaar is now in bullish mode, buyer are active. 6.00 is strong support area for now. We can expected it to touch 6.50 slowly and steadily.
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Resistance of 2.26 was broken earlier this was a early sign that bulls are coming. Todays closing is very positive and more upside is coming. Bullish!!
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Its been trying again and at but its not able to close above the resistance of 1.35 today again bulls showed some power and took the control. In order for this stock to turn bullish we want to see a solid green candle close above 1.35 so that it can continue the momentum for the coming week.
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Its looks like buyers were waiting for it to touch the trend like thats now acting as support area. This looks good to go higher from here.
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Salik have finally broken the resistance of 2.26 and now its ready for its bull journey from here. Tomorrow i think we should see a continuation from the current levels. It may open with a small gap down but i think this will be a buying opportunity.
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Its at a very good support area, infact its been holding the zone for so many days. Todays closing is positive if it opens flat or with small gap up this can go higher. Early bird entry should be planned once it crosses 2.8 to catch the trend.
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Market is at a very crucial stage, Fridays closing of dfmgi was very positive and I expect it to go higher from here. From here there is very good chance for the market to cross 3400 resistance areas, but incase if market does not then it can again come down to the marked support level.
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Its looking very positive at current levels, i think this stock will fly again and my next target is 3.60 Multiply is overall bullish!
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Surprisingly ADX stocks are not performing well for the last 2 months or so. Market can come down to retest the support level again that is around 9800. Burjeel will also be added to the index, its getting listed tomorrow so expect so high volumes. All the best to Burjeel Holdings.
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If we compare the last 3 IPOs that is Dewa, Tecom, Union Coop. Salik is performing very well infact it started to recover in just 3 days after the listing. Its at a support level now and if tomorrow market is positive and if it opens flat or with a small gap up I think we will see buying momentum but incase if it opens with a gap down stay out of it till we see...
Back to support zone, need some buying pressure but can be good if it opens with a small gap up. Quick entry and exit is recommended on this one.
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For now its not looking very good as there are chances it can go further down. For now at a support level but it can hit the resistance as a bounce. Should be considered bullish ONLY when it closes above 6.00
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It have become one of my favorite stock in ADX, I think from here it is ready to go here provided market sentiments are not negative tomorrow.
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Is it a false breakout or we are ready to go higher from here. I would be more confident if it breaks and closes above 0.60 but can be bought in small quantity at current levels.
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