Damac - Dubai Financial Properties - Stock - Crazy Bullish
📍 11+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
⏳ 1 weak - Chart analysis
THE PATTERN IS STILL IN PROCESS
Healthy Correction to buy to dips
Events taking place -
± 50SMA crossing the 200 sea suggest the bullish trend
±Created an another support zone between 1.10 to 1.20 can be a good buy area
± another good zone can be between .900
± Long term target can be set at 2.86 to 3.00
± for current month quick profit 1.50 to 1.55 can be achieved in the first few weak of jan it self
± Market will react and might retrace on each resistance zone
± HAPPY TRADING
Arabtec
Waiting...WaitingWe are waiting for the result of meeting that was conducted on thursday, if the output is positive without a doubt market will react positively and if negative real estate sector will be under pressure. Suspended shares trading!!
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Still No ClarityAs per the market there is a new meeting on wednesday and they will future course of action. ARTC have surely changed the sentiments of the market and people are in panic as of now. I dont expect any positive news from the market. Shareholders will suffer!!
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Hero of the DayNice performance and a good bounce though i was expecting it yesterday but due to the panic selling it could not perform yesterday. Limit up with a solid green candle. Tomorrow it can open with a gap up and move up very fast it may not give a chance to enter at the right place. I will still wait and watch first 15 mins and thn enter the trade in lower time frame at a support level. Its not in a trend yet its just taking a bounce from support. So its only good for intra day in my opinion.
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