Watch out!!Its at the same place where previous there was consolidation for a long time. Again it have come back to the same level and now its considing with 200day ema. This will be a no trade zone lets wait for the breakout to trade. Till then just stalk it!!
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Dubaistockmarket
Strong MoveNice and strong move to the up side by emaar. Its at a good level support is at 3.45 level and resistance at 3. 85 levels. Lets see if it comes back for a retest or directly hits the target. Most likely it can come down for a retest which will be a good chance to buy again. Over all its bullish no doubt about it.
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Good PerformanceVery nice push phase and strong move to the upside i think now it will rest for a while. On bigger picture we can see it just got rejected at 200day ema. Lets see if it can cross, i think it will take some time to rest before it breaks the resistance. But over all its bullish.
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Need a good weekly closeYes its bullish as of now but as i had mention previously 0.290 is a tuff nut to crack. Its a resistance zone but as the same time in have been tested so many times so the level have now become weaker and weaker so there are good chances of breaking it. Looks very bullish. We just want to see a nice closing today as its the last trading day of the week.
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Still in nice UptrendVery good performance and its in a nice bull run. Its coming back for a retest and it can be a good buying chance again. Watch out for the support and resistance levels and trade accordingly. Bullish!!
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Correction Time?Market is on a bull run but no market or stock can keep moving in one direction there is always a push phase and then a correction phase. So a correction is soon expected which will be healthy for the market. Immediate support levels are 2500 next is 2480 Resistance is at 2570 over all market is very bullish and this will be the chance to buy the dips.
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Can see some weaknessEmaar is in a nice uptrend but in last 3 session we can see some weakness. As of now support level at 3.15 levels it come come down for a retest anytime and resume its uptrend. Next target would be aroun d 3,45b levels Over all bullish!!!
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Buy Now?Its been performing good and in a uptrend. Next target at 0.877 levels over all its bullish and good for buy tomorrow.
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Good for buyAnother good opportunity in damac properties i had previously mentioned too about it. In last trading session it have made a piercing line candle which is bullish. Next target as i have been mentioning it around 1.30 to 1.35 Buy this one!!
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Bearish For NowWe enter the trade when a stock is in a uptrend to profit. We dont buy it cheap and get stuck with it for days, weeks or months. As of now deyaar is in a down trend it got rejected right at 200day ema and now its approaching support levels again. Stay Away for now.
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Watch itIts in a uptrend as of now in a range and it can explode the to upside once it crosses 1.15 which is a strong resistance as of now.Lets wait for a close above it and enter the trade. Bullish
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Target Achieved If you are following my trade ideas this was a very good trade target got achieved at 0.888 as of now its again at the same resistance level if it gives a breakout there is good chance that it will touch 0.901 with a strong move. Keep this in your watch list. Over all bullish.
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Strong UptrendDubai Stock Market is in a nice and steady uptrend. Next solid technical resistance at 2475 levels and immediate support at 2400 which is a psychological support a strong level is at 2390. Over all trend in international market is bullish as the vaccine news is pushing the markets to the upside. After the long weekend lets see how the market reacts to the news. Over all bullish and more upside is expected.
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Bull PowerMarket is clearly bullish and in a strong uptrend. Last week market finally broke the important and a psychological resistance of 2400 the best part is it have successfully retested and closed above 2400 level which is another indication of bullishness. Next resistance is at 2460 level we still have some space to move up.
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UPP getting ready to start next bullish move expecting to see strength on UPP (DFM )
this move could be impulsive and can take this ticker from 0.24 to 0.45 then to 0.53
Retest TIme?Nice bull run and now retesting the previous which will now act as support. If you have missed the trade previously at the breakout this will be a good chance to buy at the support level again. Very bullish a correction is now due to push up again to make it a new highs.
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No PowerIt took a bounce from support level but no bull power its in a down trend as of now so we stay away from it. Never buy a stock if its in a down trend. We wait for a reversal and then we enter the trade when we see a bullish sign. TIll that time stalk this one.
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Need to see a patternAfter the flag breakout damac is coming for a retest we want to see a exhaustion candle that is bear loosing the grip. If we see a hammer or a doji candle it will be a good indication that sellers are not active. Over all its bullish!!
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Retest?It have broken the upper range and in last session it have made adoji candle right at the support level which was previously resistance. It looks bullish till its above 0.845
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Bullish & ConfusingAs i had mentioned in my last update 2320 is a strong resistance zone, we can see 2 doji candles right at the resistance level. Sure market is in bullish mode but we need confirmation either market will correct it will 2285 and resume the uptrend or it makes a solid green candle tomorrow to clear the confusion. I think a retracement or correction will be healthy. Over all bullish market.
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Getting ReadyIts getting interesting, we can see higher lows but we want to see a higher high now to confirm the trend reversal. Strong resistance at 0.282 once it crosses and close above it we can confirm the uptrend. Just stalk this one very closely for a breakout.
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Bullish PatternIt was one of the top traded stocks recently and its still in a uptrend. We can clearly see a bullish head & shoulder pattern and it have already given a breakout. Its coming back for a retest its a good chance to buy if you have missed it the next target is 1.16 looks very bullish.
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Very Bullish Catch This OneIt as trading in zone since very long time, this time it have broken the upper range very clearly. Next easy target will be around 0.880 catch this one with a tight stop loss.!!!
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