Salam completed the W pattern today, as i mentioned in my last idea tht it gave a closing above the neckline and has a potential of pushing the prices up & today it did the same and also touched the target 1. I think there is more potential to this and it can go further upside to the second target as marked in yellow. There is also a possibility that it can come...
Interesting session today, it finally broke down today and tried to retrace back to close above 2050 level but it could not. As i mentioned yesterday the market is getting weaker and weaker as this support level of 2050 have been tested more thn 3 times and now its become weak. Today it went down till 2030 and bounced from there but its already done the damage. It...
I have been recommending this stock more thn a month ago, always go with the trend and follow the trend this one is on a uptrend and good for a buy tomorrow. I would recommend this one for tomorrow, check over all market and sentiments and look for a buy signal on this one. Hit like & follow
I see a good opportunity in GFH, it have made a perfect hammer candle right at the support level and it looks good to take the trade now. It would not give a very big target as this stock is in a range but this is how you trade the ranges. Check my insta for entries and exit. IF you like my analysis hit like & follow
As mentioned this stock is in down trend, today it found support at the level but we still dont have any confirmation yet to buy. Lets wait the price to confirm this support level give a buy signal and thn go for the kill. Hit like & follow
It almost broke the support level today of 2050 and bounced back, If it had closed below the support level it would turn bearish and a reversal would take place however it closed at 2050 and respected the support level by giving the correct reaction. This is the 5th time it have tested this level and successfully reacted in a positive way. Any support or...
This is the typical example of a trending stock, making higher highs and higher lows. It bounced off from tits recent support and now is expected to continue its uptrend. Good stock !! Hit like & follow
This stock has given a nice signal in todays close, i would like to see how it opens tomorrow and will buy this check out my insta for more details above this trade. Hit like & follow :)
It could not push higher and it have made a candle stick pattern that is called dark cloud which says the current candle opens above previous days close and closed more thn half of the previous candle indicating immense selling pressure and very less buyers. It has almost reached the support level again and lets see if it takes a stop here or moves further down....
Its surely in a down trend now and no sign of recovery yet! even today it closed in red and lower. Who are the buyers here in this down trend??? retail traders are the one who get stuck in here with their capital, smart money & the big fishes are already out long time ago after booking their big profits. Hit like & follow
Bulls are showing some signs but not very strong, after showing good strength yesterday with a good green candle today it made a red candle with lower wicks indicating buyers are present in that area. Important support is at 0.270 area and immediate resistance is 0.295 if it has to turn bullish it has to cross 0.295 and thn close above 0.30 area to confirm that...
As i mentioned in my last idea about salama that this is the third time it is trying to breakout and hopefully it will, it did give a breakout today but it failed and dropped down. Today market was down over all but salama maintained the gains till noon and later it gave away almost all the gains but closed in green with a big inverted hammer. Investors booked...
Market is stuck in a descending triangle as marked in my chart. What is a descending triangle? it forms at the highs or lows of a trend. Notice that the market is not making lower lows its making only lower highs and its forming a triangle pattern. This pattern is forming after a uptrend and the triangle can break either of the sides in my opinion it has a good...
Nice closing today and at the resistance area exactly. Will it cross ? this is the third time its trying to cross the resistance last 2 were unsuccessful and it could not hold the breakout lets see if it can make it tomorrow and hold it. Also as we can see in the chart it have made double bottom pattern ( also W) and it have closed above the previous days close...
Damac was the best performer today with news of company going private again, good volumes and high trades on this stock today. Buy the rumours & sell the facts thats what is happening now. If you missed this today can wait for a small pull back and see for the buy sign and enter the trade. Very Bullish! Hit like & follow to show your support.
Market is still waiting for direction, and its forming a triangle pattern and it can break either of the sides. Today again it was not a decisive day it made a green candle but its not very bullish. Market can still range for days to come and give a breakout at the apex of the triangle. I am still bullish on this one. Hit like & follow to support.
It was a up trending stock but it have started to make lower highs which is not healthy for the bull trend. Below 0.270 it will be very bearish as it still has some chance to go upside tomorrow to prove that bulls are here and they can save the up trend. If it does not perform tomorrow and goes further down it will be in a down trend, next support area will be...
It was in a nice uptrend and eventually it formed a bearish patter that is H & S pattern it already broke the necking in thursdays trading session and now it has a more potential to go downside. It can come down to the support area soon & interestingly it have broken the dynamic moving average of 200ema. This looks too bearish to me. Stay away for now !! Hit like...