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Dubai

Some Relief Finally market have bounced off!! but have the new trend started? NO!! it have just shown us some indication that 2200 level is holding. There are 2 scenarios from here, first market goes up to the previous support level that was around 2240 which will now act as a strong resistance if it passes through successfully and moves upside we can say uptrend have begun again. Second Scenario, it can retest 2240 get rejected and come down to 2100 - 2120 level. SCARY!!! HIT LIKE & FOLLOW GUYS TO SHOW YOUR SUPPORT ;)
DFM:DFMGI
by stalkstock
Looks Very WeakLast week market started to free fall and in thursdays session we have seen a doji candle right at the support level will it hold? dont know yet we dont have any confirmation. Short term trend is to the down side its possible that market can go up to 2240 and get a rejection to come back again at the same level. Market Sentiments are negative as of now also people are eagerly waiting for the new of ARTC yes if the come up with something positive we can say market will take a good bounce. As of now bearish!! HIT LIKE & FOLLOW GUYS ;)
DFM:DFMGIShort
by stalkstock
1
Trying HardMarket is currently under pressure because of so many reasons one of the main reason is uncertainty about the impact of covid 19 other factor which impacted last week was negative news about artc which created a panic. Market is at crucial level and if we want to see continuation of bull trend we have to see market crossing 2295 level very soon else it may go back support level of 2240 which is now getting weaker as its been tested so many times and eventually may break to the down side. Still bullish on this market !! HIT LIKE & SUPPORT GUYS ;)
DFM:DFMGILong
by stalkstock
2