It did play out as per the trade plan, it took bounce right from the first support level and make a nice green candle. What we are see as per the last trading is a bearish candle inverted hammer candle so lets not enter the trade till it crosses 1.18 next resistance and target should be 1.24. Quick entry and exit recommended as market is getting fragile....
As of now its at the support level, we are seeing an nice bounce from the support level as the same time we can see a bullish candlestick engulfing pattern. A good range based trade is possible enter at 0.845 and exit at 0.875 HIT LIKE & FOLLOW :)
Market is currently under pressure because of so many reasons one of the main reason is uncertainty about the impact of covid 19 other factor which impacted last week was negative news about artc which created a panic. Market is at crucial level and if we want to see continuation of bull trend we have to see market crossing 2295 level very soon else it may go back...
This is one of the strongest stock in DFM both technically and fundamentally as well. It have now crossed the dynamic resistance of 200ema and more upside expected. In a nice uptrend and good for a buy!! Hit like & follow guys ;)
Yes this stock is in lime light these days and people are trading big volumes on this one. Recently its been making limit ups too!! i would like to take this one as well but at support level next target is 0.20 over all its in a uptrend and good for a buy. Hit like & follow ;)
It could not recover properly from the panic selling that we witnessed last week. Also it broke the important support level and now its pushing to the downside. First support at 2.80 area second at 2.70 which is a strong support area. If a stock breaks down after a consolidation phase that is not a good sign and it means weakness. No trades on this stock till it...
My trades with salama are always profitable! i offloaded everything at 0.860 my entry was at 0.811 nice and short trade with decent profit. I think it still has potential to go up side. Bullish!! Hit like & follow ;)
As i have been mentioning that UPP is getting interesting i have identified 3 bullish signals and with the positive news around it the stock will make a big move to the upside very soon. If you are a aggresive buyer its good time to enter, i would still like to play it safe and enter once it crosses 0.307 so till thn stalking it. Hit like & follow guys to show...
I am waiting for a bounce from the support level, lets see at which level it takes bounce from. Sure its in a up trend and in correction mode. If you have missed the trade earlier you will get a chance to enter very soon. Hit like & follow ;)
Its right at the support and also have take a bounce. This is a range based trade enter at support and exit at resistance. Over all in a uptrend and now its in a range mode. Hit like & follow guys ; )
It took a nice bounce from the support level, important resistance as of now is at 2295 once it crosses this level we can say recovery is done and its back in the bull zone to go further up. Bullish!! Hit like & follow ;)
It broke the resistance in thursdays session and today it have further dropped if it does not bounce from here next stop is at 2.70 and short term trend will change to down side. Emaar have to cross the solid near term resistance of 2.95 to show some strength. It have broken the range to the down side, trend is still to the upside but getting weaker now bulls need...
Its consolidating right at the resistance level, my entry is at 0.811 and my target is at 0.890 level, stop loss 0.777. Insurance sector overall is doing good and is in a uptrend. I think it will break the resistance this week. Over all bullish Hit like & follow to show your support.
I think this stock will soon fly to the upside its stuck right at the support level that is at 200ema as of now. They will have a meetin gon 29th regarding the offer they have received once they announce it and officially declare this stock will move up and there are good chances of doing a limit up. I am stalking this one closely. Hit like & follow guys to show...
With days closing it have left us in doubts, its right at the important support level that is 2240 i was expected a green candle today but it could not perform today and we saw a bearish candle stick. If the market does not take a bounce from here we can more downside expected and we can touch 2100 level again that would be scary. Tomorrows closing is very...
Emaar have broken the support level and also it could not recover after the panic selling. First we can say it can retest the resistance and get rejected to fall further down. Secondly it has to show some bull power and come back again the range or consolidation. So lets wait for it to make some price action and we trade accordingly. Hit like & follow
Its suspended for trading as of now, the meeting didnt take place because of lack of quorum. New dates will be announced soon for the meeting. I think the company cannot close its operation as its huge and also it have got some running projects in hand. If the meeting is little of positive price will shot up very fast. No trades yet lets wait and stalk this. Hit...
Its getting rejected at the resistance level, it have tried to cross it atleast 3 times but it failed. As we know if resistance is tested again and again it gets weaker. If market sentiments are positive tomorrow there are good chances that it will break the resistance and fly up. Bullish Hit like & follow