Get started

Dubaifinancialmarket

Higher HighClearly we can see its making higher highs and its in a uptrend!! Its at a solid resistance of 3.05 with todays toji candle right at the resistance level i think its due for a correction which will be healthy. A small retrancement to 2.95 to 3.00 will be good and a buying opportunity for those who have missed the trade. Emaar can also be of very good investment for long term say around till next year exhibition 2020. Its prices will keep going up as we near the exhibition. Bullish & buy the dips Hit like & follow ;)
DFM:EMAARLong
by stalkstock
Resistance Broken!!Today with a big move to the upside it broke solid resistance around 2.30 level. We would like to buy it but not now as its in a push phase let it come down for correction we will surely get a chance to enter the trade at the support levels. All we have to do is patiently wait for the price to come down and give us a good setup to enter the trade. No need to rush most of the time we just enter the trade and market just comes down!! thats because we enter at resistance level and its time for a correction. Looks bullish Hit like & follow ; )
DFM:EMAARDEVLong
by stalkstock
Strong Support HoldsEmaar was at a very important and crucial support level which i mentioned in my previous analysis - 2.55 level. We can see some price action right at the support level. For the last 2 days its making nice big green candles infact today it opened with a gap up and came down for a small profit booking too but buyers again jumped in and pushed the price to the upside. Emaar has power to move the whole market it is big stock and it has got heavy weightage on market index. I will wait for a correction and then enter the trade. Looks very bullish for now this can be a begining of a new uptrend!! Hit like & follow guys ;)
DFM:EMAARLong
by stalkstock