DFM
UPPI think it will continue to consolidate within the triangle range atleast for another 2 weeks and thn eventually give a breakout to either of the direction. What can we do till thn? easy way to trade is buy at the lower range of triangle and sell at upper range. It means we are trading in range. Till the breakout just STALK IT!!
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DamacStill Damac is at the support level and looks good for buy, its on my list if it just takes a bounce i will enter this one and go long. Surely in a uptrend and looking bullish ready for take off
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ARTC did you catch the falling knife?Non stop limit downs for so many days whats happening!!! Emotional traders are buying this with fear of missing out the trade. Its solid support is at 0.570 lets see if it can hold or break through. No trades till thn only stalking!!
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Dubai Financial MarketSecond day in red so is the down trend started? the answer is NO we are in a strong bull phase as of now also above 200ema which means market is bullish. There are good and high chances now that it may come down to retest the support area which will be around 200ema. In a bull phase its normal for the market to retrace 30% a correction is healthy.
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DFM Safe JourneyMarket have broken a strong resistance level that is 2250 right at 200ema and now its proceeding with its journey to 2400. No much of resistance till thn but profit booking can be expected. It may retrace a little to take a small hold and resume to the upside. Sure its very bullish and more upside expected.
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Damac trending stockIt was going really strong with the news in the market that it will go private, as of now its retrace and at a good support level. It can be a good time to enter now and the target is very good. If it goes above 0.857 buys will be triggered and it will push the prices to the upside. Over all Bullish
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Aman Will you Breakout ..plz!!!Its at a good level to give a nice big move to the upside, in previous days it was struggling to close above 0.45 but in last session it closed 0.454 when ever market came close to this price it got rejected and again retested the lower levels. It have again come to this level and this time hopefully it will give a break out. First target should be around 0.470 over all in a uptrend and in bullish mode.
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Emaar PropertiesAs i have been mentioning after the change in the trend the major hurdle is 2.95 level and it will shy to break it at first. In last trading session it have printed a doji candle with a gap down and closing within previous days candle. This is inside day candle and we wait for a breakout on either side and take the trade accordingly. I am over all still bullish but good level to book profits.
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