DEYAAR Development Share , UAE ADX SockDEYAAR ADX Stock Market Share is in good Demand zone
at First Buy in orange Area and if with any reason Price go down to Black Box dont Worry
These are Best Prices to Buy in Past 365Days
First TP: 0.672 means 30 Percent
Second TP:0.927 means 80 Percent Gain
Considering Price is in Upward Movement and Dont Sell all Your Shares Just Save Profit and Best Tp should be 2.34 means 385% Gain for Long term
Deyaarshareprice
Bullish For NowRight into the support zone we are seeing good buying pressure. Big meeting is about to take place on 10th of May if the output of the meeting is positive including positive news on limitless Deyaar will cross 0.530 very soon. We can take a chance to enter as a early bird with tight stop loss.
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Not Able To CrossIts been trying hard to cross the resistance of 0.500 but unsuccessful, its now in a correction mode of the strong upside move that started from 0.430 zone. Well if the support that is around 0.480-0.470 is broken then it will again get weak and come down which will be bearish. As of now it will be the best scenario that bulls jump in quickly and take control of the situation. As of now in a no trading zone if you have bought it at the lower level be safe and book the profits.
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Bullish Divergence Bullish divergence us seen on daily chart its trying to cross the resistance of 0.450 but its getting rejected as seller are aggressive in that zone. After the breakout down of the descending triangle pattern it found support at 0.430 and its holding it. I think big move will come very quickly in Deyaar as this stock makes big moves on either side. Closing above 0.460 will be bullish as of now its very tricky.
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Very slow and negativeIt was once looking very positive and bullish although Emaar properties is going higher but Deyaar is still stuck in a range and infact it have broken the support zone again which is very weak as of now. I think it will drop down further to retest 100 Day Ema.
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Still PositiveTodays red candle is not a worry, after every big move either to the down side or upside, market need to digest the "move" the most important level to watch out here is 0.465 market should not close below it. We need a close above 0.480 to enter bulls territory. For now again in a no trading zone. But lets stalk this stock very closely and plan our trades as market might not give chance to enter at good price.
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Gaining MomentumAfter disclosing their financial results Deyaar is deciding to clear their loses by adjusting the capital also there is some progress on Limitless issue. In last trading session if broke the resistance of 0.480 but could not hold the gains and closed at 0.470 with good volumes. If tomorrow market is positive and no more negative news about Russia - Ukraine then I think its ready to go up to retest the strong resistance that is around 0.520. At the same time we can see RSI is still below 60 so its trying to breakout and come into bullish territory. Early birds can surely take some advantage here..
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Getting Ready...FIRE!!!A big move in Deyaar is pending market have been hovering around the support zone for more than a month now. A big move is pending hopefully to the upside. Support zone have become weaker as not many buyers are active in this zone. A closing above 0.490 would be confirmation to buy. For now if you are a aggressive trading this is very good entry with a small stop loss and a big target.
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My Pick For The WeekIt was in a serious deep correction after hitting 0.342 it got rejected and now it have taken a good bonce where it have previously consolidated. Good price action is seen at the same level with good volumes. This is a good buy for the coming week. If it opens with a big gap down in sundays session avoid it, if it opens flat of with a small gap up its a good buy.
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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
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