Abudhabistockmarket
Range Based Its been in this range for so many days although it was looking very promise earlier i was expecting a breakout to the upside but for the last 3 to 4 days we are just seeing selling pressure. This is a good place for the buyers to protect this support area. Hopefully we should see buying momentum from here else we going south.
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New High SoonI think tomorrow will be a good buying opportunity if this stocks drop due to panic sell in the market, I would love to pick this at around 2.05-2.07 zone. Also if market recovers in the same session i will try and book the profits. Over all this stock is very positive and should be in your "stalking list"
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Time for correctionExtremely bullish stock and very heavy weighted stock on the market index. It had a very good run from support level and now its time for a correction. Yes it means buying opportunity its not a change of trend yet!! so lets wait and where till where it retraces or corrects .
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Nice Bullish MoveIt had a fantastic run last week and i made good profits trading this stock. We will get another buying opportunity if it comes around 1.90 zone as its a support area. I would like to see bullish momentum in this zone and pull the trigger. We can get good target with good risk management. Over all this stock is bullish keep stalking for a right setup.
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