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DFM

DAMAC PropertiesIts always safe to trade stocks that are above 200ema that show they are in uptrend currently. Damac is one of them, It is making higher highs and higher lows clearly in uptrend and buyers are interested to enter this trade. If you are following my insta check out the entry and exit levels when i take this trade. It is now entering resistance zones so it might get bit choppy but over all its going strong so far with the news in the market above Damac going private investors are taking advantage of it. Lets keep stalking we get opportunity for sure. Hit like & follow for your support
DLong
by stalkstock
Dubai Financial Market What nextThis one too is playing as per the plan, market is stuck in the triangle range as i had mentioned in my early idea. If you are following me on insta i had mention how it will perform today and it did the same thing. Its just that the market behaved as per the trade plan. We cant me 100% correct everytime we just have to be correct and successful atleast 60% of the time to be a successful trader. Market can break either of the side with big move expected. Keep stalking this one!! Hit like & follow guys
DFM:DFMGILong
by stalkstock
ARTC Got RejectedAs expected it could not hold the 200ema level which is acting as dynamic resistance as of now, if you following my insta i had mentioned it earlier that it will not cross and close in red. I will buy this one as its in the uptrend and it will retrace now. But till when it will retrace 20% 50% 60% we dont know lets see till where it goes and whn it finds support and give us a buy signal. And thn we buy it and go long on this one. For now i have bearish but over all its bullish. Hit like & follow if you like my analysis.
AShort
by stalkstock
DFM Bounce BackGood starting of the week with positive closing, market have bounced back again ! bulls have show some power and the market have pushed upside the move is small but still its back in the positive side or the triangle as marked in the chart. The pattern still continues and is valid we can expect market to move up till the next resistance inside the triangle and it will give a breakout at the apex which is not coming closer, we can expect a break out by end of this month. Let wait and stalk to which side it gives a break out. Market is back in the safe zone which is bullish. I took a trade on Damac will post my trade too. Hit like & follow guys!
DFM:DFMGILong
by stalkstock
DFM On A Bigger PictureIf we shift our charts to weekly and have a bigger picture we can easily identify a uptrend, the market is making higher lows and higher highs that is a proper definition of a uptrend. As of now its at very critical support area if it breaks to down side the next support area is 1890 area and 1720 area respectively. If the market have to go up from here bulls have to act fast and this week, if the market goes below this level at the end of the week we can say shift in the trend is taking place and further selling pressure can be witnessed. As a day trader i am bearish on this one but for a long term trader it can still be bullish. Lets stalk this one for the coming week to have a idea about the trend. Hit like & follow if you like my analysis.
DFM:DFMGI
by stalkstock