Green Candle Expected TomorrowIf you are following my trade ideas, we know that 2240 is important support level for the market. At the same time if any particual level is tested again and again it gets weaker. The support level of 2240 is test 3 times already now. From here we should see a bounce tomorrow it would be good to see market crossing 2295 atleast to take out the small resistance level. It will boost the confidence of the traders and we can expect more upside. Till the time we are above 2240 its bullish..
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DFM
What a ReliefAfter a crazy panic selling in the market yesterday we saw some good recovery today a good sign of relief. Now we want to see it crossing tomorrow 2290 level to confirm and to be on the safe to keep the uptrend intact. Over all globally markets are recovering so i think DFM should also follow the suit. Above 2240 i am bullish
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Emaar DevelopmentsIt broke out of the bullish cup & handle pattern and made a nice high. Thursdays session it could not manage the highs and the candle that we can see is bearish that is inverted hammer type of candle indicating selling pressure. No the trend is not bearish only the candle as of now. I think if it wants to retrace it can come down to 2.35 level and take a bounce to the upside. Over all bullish
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DFM GO BULLS GOMarket have broken the resistance level of 2308 have have closed at 2320 it made a good volume right at the time of closing. I think smart money have entered the market to take it to the next level. During last 2 to 3 days we have noticed that international markets are in panic selling mode so DFM can feel the heat too. There are good chances it may retrace back to 2300 or 2800 level and resume the uptrend. Over all very bullish.
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Deyaar is now getting interestingGood for a swing trade, main resistance is at 0.300 lets see how and when it crosses. But once it crosses surely more buyers will set in and push the prices to the upside. Lets just stalk this one till it gives us a proper setup. Its getting bullish now but no trades yet!
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UPPI think it will continue to consolidate within the triangle range atleast for another 2 weeks and thn eventually give a breakout to either of the direction. What can we do till thn? easy way to trade is buy at the lower range of triangle and sell at upper range. It means we are trading in range. Till the breakout just STALK IT!!
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DamacStill Damac is at the support level and looks good for buy, its on my list if it just takes a bounce i will enter this one and go long. Surely in a uptrend and looking bullish ready for take off
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ARTC did you catch the falling knife?Non stop limit downs for so many days whats happening!!! Emotional traders are buying this with fear of missing out the trade. Its solid support is at 0.570 lets see if it can hold or break through. No trades till thn only stalking!!
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Dubai Financial MarketSecond day in red so is the down trend started? the answer is NO we are in a strong bull phase as of now also above 200ema which means market is bullish. There are good and high chances now that it may come down to retest the support area which will be around 200ema. In a bull phase its normal for the market to retrace 30% a correction is healthy.
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