No doubt for now upp is under pressure and we are not seeing any buying pressure. People are waiting for the news to get a clear direction. If there is any positive news coming out from upp this stock will fly and it will go past 0.50 very quickly.
If you are holding this stock for now its in a chart pattern and at the support zone. If it breaks then it...
Fundamentally this stock is getting stronger and with new projects deyaar is gaining momentum. Unfortunately for now its under selling pressure but its at a very good support area. Immediate resistance for now stands at 0.695 and then 0.705 area.
Once the resistance zone is taken out with good volumes i think sellers will be weak and will not try to short...
This stocks usually moves slow with thin volumes, since its dividend time many investors would like to take position. For now its stuck between support & resistance zone. I think near dividend date there are good chances it can break to the upside.
For now wait for the breakout of the resistance that is between 2.57-2.60 zone with good volumes.
No doubt that emaar properties is in a strong uptrend, people are just buying at what ever price they can. There was also a news that emaar will pay higher dividends.
Real estate market is booking in Dubai and with prices going up companies revenue is also leaping many folds.
Those who have missed this beautiful rally to the...
Multiply is at a very crucial support zone for now that is 3.95-4.00 if this support zone is broken then we can witness more selling pressure and it can retest 3.80 area. Over all trend is still uptrend. Bulls have to flex up and show some power.
Strong resistance at around 4.10 zone but since multiply has spend so much of time near this zone if...
Still the up trend is intact, after the strong move from 2.35 zone qholding is now under correction but i think very soon bulls will regain the control. For now its just trading within the channel.
Soon i am expecting a breakout, once the price closes above 3.70 i think people will start reentering this stocks with good volumes....
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...
I am still bullish on this stock, its still in a uptrend as of now its in a ascending triangle chart pattern. With todays closing it have made a doji right at the resistance creating confusion for tomorrow. But i think its worth taking a chance as this stock has a potential to make big moves. It is good for intra day and swing trade too. Over all this is bullish...
Its still trending up, but for now it has hit the resistance at 4.10 area, today i sold multiply at 4.07 but i think it will come down for retest at support zone and this will be a buying opportunity for those who missed it at lower levels.
If it comes around 3.95 lets wait for buying pressure and then pull the triggers.
Hit like & follow guys ;)
Its still in a uptrend but for now its bit extended so a correction is due on this recent rally to the up side. For the last 3 days we are seeing Doji candles at the same place I think it will make a big move very soon.
Support & Resistance
For now next support is around 1.10 zone and resistance is at 1.15 area. I will wait for it to close above 20 day...
Overall trend is still intact, qholding is still in a uptrend. But for now its looking very scary its been going side ways for so many days and I think this week it will breakdown (big Move) Since its been just ranging which obviously market does not like.
Which ever way it breaks out the move will be bigger, if it breaks down those holding...
Etisalat is in a strong downtrend for now, for the last 2 days we are seeing some bounce/short recovery. We cannot trust this move as this can be a correction phase of this massive drop to the downside. We wait for a proper bullish price action to take any position.
Watch out 50% Fib level area if we see rejection candles around that area it...
For now its just goin side ways, very thin volumes traded in this stock. Usually we see big volumes when there is at news that is effecting this stock. For now nothing interesting, if it breaks the current support area that is 19.75-80 area then it can come down for a retest. Other scenario for it to be bullish it will have to break 20.35 and close above it to...
It have started fresh trend, price is right near 200 day EMA once it clear sky is the limit. But for now 24.00 is a hurdle.
If it comes down to retest 22.35 i would consider this as buying opportunity. Volumes are now increasing on daily basis looks like people are jumping in.
Hit like & follow guys ;)
For now its still looking safe and in a uptrend, but i hope its not forming a head & shoulder pattern. If the pattern is confirmed then be ready for a selling scenario till about 3.30 zone
On the other side, if it manages to close above 3.60 this will be a good sign that its ready to go higher and bearish pattern will be invalidated. Over all i...
Its at a bring to establish a downtrend once we see a confirmed close below 200day ema. For now its taking a pause at a very crucial support area if this is broken then we can go down south. For now i am not interested to catch a falling knife, let manazel show us a bullish price action to buy this bad boy.
Hit like & follow guys ;)
Its been just going side was for ages now, once it breaks 3.46 and closes above with good volumes thats when we can have a trend confirmation. With last weeks closing its looking weak.
Once we see a confirmed breakout that's when we can plan out buys for now its in a no trading zone it can retest support 1 and support 2 area. Also the have...
Fertiglobe is looking so nice at current levels I feeling like jumping in right away. Its been trending up however its about to break 200ema yet. For now its above 20,50,100 most likey we will see it breaking the resistance and close above 200ema very soon to establish a uptrend.
I think any bounce from the support area should be considered buying...