Green Candle Expected TomorrowIf you are following my trade ideas, we know that 2240 is important support level for the market. At the same time if any particual level is tested again and again it gets weaker. The support level of 2240 is test 3 times already now. From here we should see a bounce tomorrow it would be good to see market crossing 2295 atleast to take out the small resistance level. It will boost the confidence of the traders and we can expect more upside. Till the time we are above 2240 its bullish..
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Dubaifinancialmarket
Still Looking GoodYesterday we saw a pattern that is piercing line candle its bullish today it opened with a gap up but could not take off at the same time it did not close below yesterday candles close. Still its making price action i have a feeling it will give a big move to the upside very soon. Just stalking this one as of now.
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Aman Power HouseVery strong uptrend it broke a major resistance today and the same level should now act as support. As of now its too extended it can retrance any moment. Its good to wait for it to come to support level and thn take the trade.Over all very bullish in a strong uptrend.
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UPP Bullish Divergence?I can see a bullish divergence and today it have made a bullish candle stick patter - piercing candle. Still i am not ready to enter as i think it can be very choppy. I am waiting for it to cross 0.310 that will be confirmation as it will take out the previous swing high and also start to make a higher high bullish patter. Till thn stalking ;)
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What a ReliefAfter a crazy panic selling in the market yesterday we saw some good recovery today a good sign of relief. Now we want to see it crossing tomorrow 2290 level to confirm and to be on the safe to keep the uptrend intact. Over all globally markets are recovering so i think DFM should also follow the suit. Above 2240 i am bullish
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ARTC Big Day Tomorrow Watch out guys tomorrow is very important day for artc as its approaching the previous support level there are good chances of it bouncing from this level. Also its good for intra day trade. If artc takes a bounce many traders will exit other trades and enter artc it will suck up the liquidity form the market which may slow down other stocks. So keep this on your top list for tomorrow.
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Emaar DevelopmentsIt broke out of the bullish cup & handle pattern and made a nice high. Thursdays session it could not manage the highs and the candle that we can see is bearish that is inverted hammer type of candle indicating selling pressure. No the trend is not bearish only the candle as of now. I think if it wants to retrace it can come down to 2.35 level and take a bounce to the upside. Over all bullish
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UPP Bullish DivergenceIts getting interesting, firstly it have broken the trend line and secondly i have seen a bullish divergence this occurs at the end of a downtrend. I have still not entered the trade i am stalking this one and waiting for a nice setup once it crosses 0.310 as its tricky and take a U turn anytime. So lets keep an eye on this one.
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AmanIts in a strong uptrend as of not under retracement there are 2 scenarios that i can see after making a inside day candle. I will wait for the breakout on either of the side and decide my trade. Over all its bullish and the trend is intact it have just taken a bounce from first level of support area.
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DFM GO BULLS GOMarket have broken the resistance level of 2308 have have closed at 2320 it made a good volume right at the time of closing. I think smart money have entered the market to take it to the next level. During last 2 to 3 days we have noticed that international markets are in panic selling mode so DFM can feel the heat too. There are good chances it may retrace back to 2300 or 2800 level and resume the uptrend. Over all very bullish.
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UPPIt still looks good as today it made a doji candle there are good chances it can retest 0.300 as it is very important level. However if it does not come back to 0.300 it will rocket to the next resistance level very fast. We have seen the shift in the momentum now and its looking good. I am waiting for it to cross 0.310. Looking Bullish now!
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UPP Nice Surprise Nice closing today, surely more upside expected and its very good for a trade. I have previously burnt my hands on this one so i will be very cautious this time i want the price to cross atleast 0.310 level and i will enter the trade. New momentum have started and fresh buying is seen on this one. Lets ride it this time !
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ARTCIts stuck in a small range and its making inside day candles, surely it will make a breakout on the either side and trend should follow the breakout. As of now just stalking not entering the trade as its too risky.
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GFH Range?It have been in a range for a while now, today it made a perfect bounce from the support level but it made a doji candle. We are still not yet confirmed for the uptrend. I think if it opens with a gap up tomorrow more buyers will jump in pushing the price to the upside. As of now in a range but over all surely in a bull trend.
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