Morning Star Pattern??It still looks bullish as its above 200ema and have taken a small bounce. Can this be called a morning star pattern which is bullish!!
Yes!! if we see and positive opening tomorrow and a green closing we can call it a nice morning star pattern and we can take a swing position. Still Bullish!!
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DEYAAR trade ideas
Deyaar Development price predictionDFM:DEYAAR Potential head and shoulders formation, long the break out at 0.292 to target 0.314 and 0.324. A good stock to hold IMO for medium term.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
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Bullish Candlestick PatternA nice bullish candlestick pattern is seen today that to right at the resistance levels it means buyers are still active and do not want the price to go far from the resistance level there are good chances it can give a breakout of the resistance level as indicated on the chart. A closing above 0.30 will attract more buyers.
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Crossed the LineIt have crossed the line of resistance and next target is around 200day ema that is around 0.290 technically still its in a down trend but trying to make some prices action to show some bullishness. It have to cross and close above the 200day ema that is dynamic resistance as of now. A closing above 0,290 will be very bullish and more upside will be expected. Good for intraday trade!!
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Still Trying HardIts been so many days deyaar is trying hard to push up but its not giving any decisive breakout or closing. A big move is due on deyaar it is still bullish once it closes above 0.295 with a good big green candle it will break the major resistance level as well. My target is to see deyaar at 0.320 very soon. Over all in a bullish mode!
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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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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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Bullish ModeIts now in bullish mode clearly we can see higher highs and higher lows good sign on bull trend. As i had mentioned in my previous trade plan 0.290 is a strong resistance which concides with 200day ema. I think it will cross this week and go towards next target. Overall now its changed the trend from bearish to bull trend.
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Still No ClarityDeyaar is been trying hard for weeks now!!! it was just trying to hold above the support level around 0.268 and today agian we saw a good closing right above the support level. The trend is still to the downside we cannot just trust 1 green candle to enter the trade unless you are trading support and resistance me as a trend trader i would like to see some more price action and enter the trade once the trend is confirmed. Keep stalking this one.
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Deyaar is always disappointing It shows bullish patterns and then fails it does not work out. Again the same thing after a bullish patter today it opened with a gap up which looked very positive but at the end of the day it tanked. Below 0.290 is bearish we dont take any trade for now.
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Good Trade setup I can see a good trade in deyaar on sunday. It broke the trend line and have come back to restest at the same time we can see a bullish candle. If this setup is confirmed we can say deeyar will start a new uptrend. First target is 0.290 second 0.30 third 0.310 respectively. Looks bearish to me i will try to enter the trade in sundays session.
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Can it break?It got rejected at the resistance that is 0.290, i think it will break as it have made a base at the support level and now its pushing to the upside. Once it closes above 0.290 it will make very wild move to the upside as more buyers will get accumulated. As of now just stalk this one and enter once it closes above 0.290. Its looking bullish but now we waiting for a confirmation.
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Nice BreakoutDeyaar have given a nice breakout after making some price action at the support level mostly this breakout cannot be a fake as it have spend good time at support level and then it have made a big move. I think more upside expected tomorrow. Change in momentum is seen bulls are active more upside expected.Bullish
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Support HoldingIts been at the support for almost a week now but still no confirmation if this will hold, real estate sector is under pressure as of now so its better to trade with trend. I am waiting for a change in direction and enter at confirmation. A close above 0.285 will be good see a market in different way. Lets see this week if it can perform. In a down trend as of now at support. Keep stalking!!
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Deyaar Push Up!!Its still struggling and making some price action right at the support level, I am stalking this one since so long but its almost dead. I will not enter the trade till i see it crossing .290 which will indicate a shift in the trend. Lets see how it performs this week. Bearish as of now.
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Lower highs Lower lowsClearly in a down trend as of now, real estate sector is under pressure!! Deyaar have taken a bounce from support but still no trade as its in a down trend. I will enter the trade once i see a shift in the momentum.Let it break the trend line and major resistance of 0,.295 till thn no trades, keep stalking guys
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