Resistance of 2.26 was broken earlier this was a early sign that bulls are coming. Todays closing is very positive and more upside is coming. Bullish!! Hit like & follow guys;)
Its at a very good support area, infact its been holding the zone for so many days. Todays closing is positive if it opens flat or with small gap up this can go higher. Early bird entry should be planned once it crosses 2.8 to catch the trend. Hit like & follow ;)
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 ;)
If we compare the last 3 IPOs that is Dewa, Tecom, Union Coop. Salik is performing very well infact it started to recover in just 3 days after the listing. Its at a support level now and if tomorrow market is positive and if it opens flat or with a small gap up I think we will see buying momentum but incase if it opens with a gap down stay out of it till we see...
The public offering of Dubai's Salik, which raised 3.735 billion UAE dirhams ($1.017 billion), started today at 2.40 UAE dirhams ($0.65) per share. It is up 20% from its IPO price. The company's IPO was over-subscribed by 49 times. It also announced that it would allocate a minimum of 1,000 shares to its subscribers in the first and second batches. In the first...
There are good chances it can come down for a retest.
It had a nice bull run bot for now this trend is over, i think its time for a correction. Hit like & follow guys ;)
After the news Emaar have jumped but its not able to sustain the gains, it can make a violent move to the downside with a gap down expected tomorrow. If you have entered at lower levels its good time to book profit. Else wait for a bullish price action at support level. Over all trend is still intact to the upside. Hit like & follow guys ;)
After 5 years of lacklustre performance, EMAAR is finally rising from the ashes. Volume high Above 200 EMA TP 1 = 6.49 TP 2 = 7.77 TP 3 = 8.98
Dubai Financial Market is still bullish and more upside is expected after a small correction. Any dip from now is a buying opportunity(shares) at the same time keep a close watch on FED's statement about its monetary policy which will effect financial markets over the globe. Hit like & follow for more updates ;)
Yes over all its very positive but now going side ways even i am holding this trade for about 4 days now. They will soon announce financial results and hopefully it will be positive. I am waiting for my target!! Hit like & follow guys ;)
Overall market is bullish and more upside is expected. Watch out the video !! Hit like & follow for more updates!!
Its been trying very hard to sustain about the IPO price and todays closing is bullish, more upside momentum is expected. I think slowly and steadily market will touch 2.75 zone. But due to the global scenarios I am always recommending to everyone to book your profits early and take your money home as markets are very volatile. Hit like & follow guys ;)
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...
It have started a bullish momentum and hopefully this should continue till it retests the swing high again. After bearish inside candle with todays closing scenario have changed and its bullish!! Hit like & follow guys !!
It could not pick up from the time of its listing. Its in a prominent down trend, today it tried to cross the resistance bot got rejected badly. For now stay away from this stock till a up trend is stablished. Hit like & follow guys ;)
With interest rates going higher banking sector will benefit a lot which will bring in more revenues. Invest in banking sector now for long term gains. Over all very bullish!! Hit like & follow guys ;)
It lost the chance that it had last week. Again its in a NO trading zone. Lets wait for the bulls to enter!!! Hit like & follow guys ;)