Sure Bullish But....Its at a crucial stage, Resistance is at 3.70 level and it have visited this area recently. Interesting point here is it did not make a deep correction its somewhere near the resistance and it want to break it. Sure its bullish as of now if the resistance is broken the next major resistance is at 3.95 level. Over all bullish
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Dubaifinancialmarket
Wait for itVery good stock in real estate sector after Emaar if you are holding this stock i would recommend keep holding it for very good returns. More upside is coming just be patient!!
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Good for buyDont miss this one grab it!!
Its in a nice uptrend and after hitting the resistance it have retraced a bit and now ready to go high. First target is small but very easy for trade that is around 0.866 but i would recommend to hold this trade till 0.896 very bullish!!
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Still Trying HardIts been so many days deyaar is trying hard to push up but its not giving any decisive breakout or closing. A big move is due on deyaar it is still bullish once it closes above 0.295 with a good big green candle it will break the major resistance level as well. My target is to see deyaar at 0.320 very soon. Over all in a bullish mode!
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Bull RunMarket is in a bull trend in other words its in a storng uptrend. Next resistance level is around 2640 i think market will slowly move towards it. With positive news around covid 19 vaccine international markets are reacting positively and moving upwards. Dubai stock market is also moving up and more upside is expected.
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Watch out!!Its at the same place where previous there was consolidation for a long time. Again it have come back to the same level and now its considing with 200day ema. This will be a no trade zone lets wait for the breakout to trade. Till then just stalk it!!
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Good Price ActionIts been slow on this stock but recently it have made some nice moves to the upside and its bullish.Next target is good now the question is will it come back for a retest of keep moving north? i think it will come back for a rest and thn resume the uptrend. Over all bullish.
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Strong MoveNice and strong move to the up side by emaar. Its at a good level support is at 3.45 level and resistance at 3. 85 levels. Lets see if it comes back for a retest or directly hits the target. Most likely it can come down for a retest which will be a good chance to buy again. Over all its bullish no doubt about it.
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Need a good weekly closeYes its bullish as of now but as i had mention previously 0.290 is a tuff nut to crack. Its a resistance zone but as the same time in have been tested so many times so the level have now become weaker and weaker so there are good chances of breaking it. Looks very bullish. We just want to see a nice closing today as its the last trading day of the week.
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Correction Time?Market is on a bull run but no market or stock can keep moving in one direction there is always a push phase and then a correction phase. So a correction is soon expected which will be healthy for the market. Immediate support levels are 2500 next is 2480 Resistance is at 2570 over all market is very bullish and this will be the chance to buy the dips.
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Target Achieved If you are following my trade ideas this was a very good trade target got achieved at 0.888 as of now its again at the same resistance level if it gives a breakout there is good chance that it will touch 0.901 with a strong move. Keep this in your watch list. Over all bullish.
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Strong UptrendDubai Stock Market is in a nice and steady uptrend. Next solid technical resistance at 2475 levels and immediate support at 2400 which is a psychological support a strong level is at 2390. Over all trend in international market is bullish as the vaccine news is pushing the markets to the upside. After the long weekend lets see how the market reacts to the news. Over all bullish and more upside is expected.
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2 ScenariosIts in a nice strong uptrend. I can see 2 scenarios from here after seeing some weakness at the top and form thursdays session. Either it continues to the upside and touches 3.40 directly which is a strong resistance OR it comes down for a retest which is around 3.14 level and then make a move to the upside. In both the cases its bullish,
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Good for buyIts at very nice level as we can see it broke the neck line that was resistance which will now act as a support level. Clearly in thursdays session it came back for a retest and have taken a bounce. Tomorrow most likely it will push to the upside next hurdle is at 0.290 bullish mode!!
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