DFMGI Index Analysis: Key Dates and Potential Scenarios The chart presents two primary scenarios for the DFMGI Index based on the projected key dates: Potential Upside: Green Arrow (April 7, 2025): This date could signal a potential bullish reversal or continuation of an upward trend. The index may find support and start gaining momentum towards higher levels....
Talking about the trend DFMGI is in a downtrend on the daily chart. Lately it has been trading in a tight ascending triangle pattern, in Friday's session finally it broke up with good volumes and from here it has got a very good chances of trend reversal. However keep it mind that in case if this a false breakout then sellers will jump in very aggressively which...
For now dfmgi is under selling pressure, we cannot see a defined trend to the upside. This can be a short recovery dont trust the move for now. Let it make a positive price action to get onboard. Any negative news and market goes crazy. So if you are buying anything quick entry and exit that too with small quantities. Hit like & follow guys ;)
Overall Trend DFMGI is in a strong uptrend, as we see on the chart it have hit the resistance area of 4100 that is psychological and technical resistance. Its been going side ways for about 2 weeks not this is a good indication that bulls are still defending the support zone. Breakout Coming week which will be very crucial as more data will be coming out...
I think market index for now is be extended and its due for a healthy correction which is positive for the market, I think it should drop back to the marked area and then spend some time to make its base to go higher around 4000 zone. Over all DFMGI is very bullish no doubt about it. Hit like & follow guys ;)
It is possible that the C wave will be corrected to form a flat pattern, and then a beautiful ascent to form a larger flat pattern
DFM market index is on a strong rally to the upside, however very soon we will see a correction phase its almost near the resistance now. At the same time if it spends some time just near the resistance then there are good chances it can touch 3800 level soon. Over all DFMGI is very bullish. Hit like & follow guys;)
Market index after hitting 3600 zone is under pressure, watch out the video for better understsnding. Hit like & follow guys ;)
Market is at a very crucial stage, Fridays closing of dfmgi was very positive and I expect it to go higher from here. From here there is very good chance for the market to cross 3400 resistance areas, but incase if market does not then it can again come down to the marked support level. Hit like & follow guys ;)
For now its not looking very good as there are chances it can go further down. For now at a support level but it can hit the resistance as a bounce. Should be considered bullish ONLY when it closes above 6.00 Hit like & follow ;)
DFM:SHUAA is set to target 0.739 - 0.75 AED and then 0.8 - 0.82 AED once it breaks out above 0.66 AED. Stop level daily close below 0.57 AED. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
There are good chances it can come down for a retest.
Are you following my idea? Hit like to show your support plz ;)
Dubai stock exchange is clearly on a bull run its very good time to invest yes its bit slow for now but i am sure it will soon out perform adx. For now it have taken a bounce from the support zone and ready to fly here. Catch this one!! Hit like & follow guys !
Overall market is bullish and more upside is expected. Watch out the video !! Hit like & follow for more updates!!
After the creation of the continuation figure '' Falling Wedge '' and the breakout of the resistance with force we can take the buy position or we wait for a pullback after we will take the position
Over all market is bearish for now and its at a critical zone, there are 2 scenarios from here. 1) Market breaks the resistance levels of 3236.45,3282.50 & the major resistance of 3360. Market will struggle to break the resistances and come into BULL territory below 3360 market will be considered in Bear zone. 2) Market will go further down to retest 3120 which...
Dubai stock market has finished or is about to finish its up leg, what will follow is a steep decline to uncharted territory I have no positions in this market.