Still Looks BadAfter performing so well and touching 0.342 it have been in a deep correction, as of now its at a crucial support zone. Still its looking weak with low volumes if this level is strong it should take a big bounce from here. We can only buy once we see a closing above 0.296 for now keep STALKING
Hit like & follow guys ;)
Selling PressureIts going through selling pressure, real estate is not performing well in the stock market for now. This level is tested 3 times already and now its getting weaker bulls have to soon jump in to protect this level and bounce up else more downside is expected. As of now its in a no trading zone, dont try to catch a falling knife plenty of people have gone bankrupt trying to catch the bottom!
Hit like & follow guys ;)
Nice TradeIts been doing fantastically good, my trade entry was at 0.739 i am still holding it i was expecting it to hit my target in thursdays session but it got rejected at 0.758 so lets see if tomorrow is the day. Overall this is the only stock that is looking bullish for now.
Hit like & follow guys ;)
Reversal Or Deep CorrectionBanking sector was performing good but currently under pressure. Well there are scenarios as DIB is right at the strong support level if 4.90 hold we can expect a rebound for that to happen it should first break the trendline to give us some confirmation. If the support is broken that is around 4.90 we can see some sharp selling till 4.75 levels. As of now its in a no trading zone better stay away from it till we can some bullish confirmatin.
Hit like & follow to show your support ;)
No Trading ZoneIts also in a no trading zone, even a good news last week could not hold this stock. Selling pressure is seen on all the stocks after the panic sell at the beginning of the week. As of now its in a no trading zone, let it break the resistance to enter the trade. As of now looking bearish, a good bounce from the support area around 0.285 is expected.
Hit like and follow to support ;)
Bear Are ActiveDeyaar after hitting the resistance around 0.340 made a bearish pattern - double tops, also we can see another patter that is bearish too M pattern. As of now its in a NO trading zone, most likely we should see a retest of 0.30 area. Also there is a gap that market created last week so market can also try to fill up that gap which will now act as resistance.
Hit like & follow guys :)
Emaar Looking Weak!!Last week was not very good for Emaar Properties, selling pressure was seen almost through out the week. With important support level broken its looking weaker. Immediate support is at 4.05 and resistance is now at 4.15 we can see 2 possible scenarios from here, First it may come down to retest a strong support at 4.00 or it moves updates from the last closing. Its in a no trading zone as of now, Not Recommended!!! Lets wait for a proper breakout.
Hit like & follow guys ;)
Panic In The MarketA very high weighted stock like Emaar is under pressure and is pushing down the whole real estate sector. International markets are surely getting the negative effect from the Chinese real estate company that is almost about to collapse. With some recovery seen in the international markets today lets hope to see some stability in Dubai Stock Market as well. Emaar is over all bullish but as of now under pressure. First support at 4.00 next at 3.95 now resistance is at 4.15 lets see if it can break tomorrow or it comes down further for a retest.
Hit like & follow to support this channel :)
EMAAR DUBAI UP OR DOWN?The stock is still in the process of rising in a continuous upward channel since March 2020, and every time it achieves a higher point, but it started to become lazy as it approached its price that it was before the outbreak of the virus, so it may enter a consolidation area. I hope it will come out quickly and the boundaries of this area are between the two lines drawn on the chart
Dubai Islamic Bank DIBThe stock has been moving in a clear direction since last year, which is the ascending channel, the points are clear in the chart. The support area at 4.70 is a very stubborn area as it represents the lower trend line, and we should pay attention to it so that if a full candle closes below it, it means a severe drop, but except Therefore, the stock is likely to rise to the drawn point 5.20.
have a good day
DFM breaking out of the flag patternDFM:DFM formed a flag pattern after achieving the ascending triangle target and is expected to post further gains. Anticipated price action and targets are shown on the chart, stop loss daily close below 1.09.
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!
EMAAR - Buy OpportunityNote : If you have any questions, feel free to send me message
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
EMAAR - Buy Opportunity
ITHMR - Wonderfull potentialNote : If you have any questions, feel free to send me message
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
ITHMR - Wonderfull potential