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DEWA

Bulls need to returnDEWA is under pressure it has already announced good dividends but for now its not holding. Need of the hour is to break the resistance of 2.50 with good volumes so that it does not come back at the same zone in near future. If bulls dont flex up then there are chances seller will drop the price till about 2.35 zone. Hope that does not happen we want to see fresh buyers jumping in to push price higher. Strong resistance at 2.50 that a tuff nut to crack previously it has tried twice but got rejected trapping buyers right at the top. Lets see this time if its a success!! Hit like & follow guys ;)
DFM:DEWALong
by stalkstock
Confusion ModeLooking at the fundamentals its very strong, it opened with a bang but as of now its under correction mode as still we can see profit booking in play. There are 3 scenario from here either we see a green candle tomorrow to confirm a bullish price action or it will come down to retest 2.75 zone again or it will break the support to go down further to touch 2.60 what ever the case might be over all this stock is a must in our portfolios. If you can grab at lowers levels and hold it you will smile later. Hit like & follow guys ;)
DFM:DEWALong
by stalkstock
4
26000+ Trades DoneFor the first time I am seeing 26000+ trade done in 1 stock in Dubai Stock Market this is huge!! buying momentum have started from today and most likely it will continue a small retracement can happen which will be a buying or adding opportunity. I think 2.84 level can be retested before going higher. However if the market sentiments are very strong and positive it may continue without any correction. This stock without saying is very good to be in our portfolios. Highly Recommended!! Hit like & follow guys ;)
DFM:DEWALong
by stalkstock