Dubai
AmanVery strong stock in the insurance sector and its preforming very well. Near resistance is at 0.80 so if you have not yet entered the trade hold on and see hot it crosses the resistance. IF you have already taken this trade and its time to book profit. Over all very bullish and in a nice up trend.
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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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Emaar Properties It was a very good trade to take in thursdays session as it was a very good setup its one of my favorite setup, stock in a uptrend thn retraces down to support and makes doji and thn makes green candle. If you have taken this trade the next target is 3.05 that will be a strong resistance level. Bullish on this one!!
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Damac what went wrong?I was in this trade my entry was at 0.850 and was expecting a target of 0.950 unfortunately it stopped going out but i exited with a break even or even with a small profit My exit was at 0.870. Over all still good for a trade as its in a up trend and also at support level. Strong resistance at 0.902 if it can manage to cross 0.950 will be easy to see.
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Dubai Financial MarketDFM have shown good support at 2240 level a very good bounce is seen and more upside is expected as support is confirmed. We should we should cross 2300 soon and next target will be 2400. Also watch out on sundays session as US market is on a selling spree so market may adjust or panic sell. Over all bullish!!
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Aman Inverted hammerIt got heavily rejected at 0.570 for the second time. It have also made a bearish candle - inverted hammer looks like straight to down side that is at 0.5 level very soon. Not in the trade i have already exit with profit. Want to renter and stalking it for now to buy this one overall its in a up trend and looks bullish.
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Salama Unsuccessful TodayIt tried to push up and break the resistance but it could not i am still in the trade and holding my position still confident about it. A strong rejection today indicating it may come down to the support level. There is a chance that it may try it again tomorrow. Lets see how it performs tomorrow.
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