Emaar Dark Cloud The patter got activated and prices pushed to the downside. More down expected till the support level unless in the next session it make a bullish candle.So far bullish now in correction phase.
Hit like & support
EMAAR
Emaar Properties It have closed in red today and also made a candlestick patter that is bearish that is dark could cover. If this patter gets activated tomorrow more down side is expected and it can come down the support level as marked in the chart. So far its bullish
Hit like & support guys
Emaar Properties Beautiful Retest !The strong resistance that was 2.95 level it got broken and also today it go retested very good time to buy at tht level and soon it will approach the resistance level that is 200ema. Lets see if it can cross that too with ease. Sure BULLISH
Hit like & Follow
Emaar PropertiesAs i have been mentioning after the change in the trend the major hurdle is 2.95 level and it will shy to break it at first. In last trading session it have printed a doji candle with a gap down and closing within previous days candle. This is inside day candle and we wait for a breakout on either side and take the trade accordingly. I am over all still bullish but good level to book profits.
Hit like & follow Guys
Emaar Is it stong enough??Lets see how it performs at the resistance level which is 2.95 to 3.00 in my opinion it will take a little hold and the resume its uptrend. Once it crosses 3.00 it will surely retest and it will be a good chance to enter for who have missed this trade at the lower levels. Thats why its said market will always give a chance, if you are smart enuf thn you know when to enter and exit.BULLS!!
Hit like & follow
Emaar Properties After the break of trendline its trending higher but its showing signs of weakness, there are good chances it may retest 2.70 again and the push to upside. This is looking bullish a small correction after a breakout is healthy to push the prices higher.
Hit like & follow guys
Emaar Properties More Power Please!!!Its trying hard and market is coming up too with it as its a heavy weight stock, today it just tried to break the trendline but its still not confirmed i will wait for it to give a decisive candle. If the breakout of trendline is confirmed the next solid resistance is at 2.70 it can be good for intraday trading. So far not touching this as its bit tricky let it confirm the trend and thn we enter with a bang.
Hit like & follow ;)
Emaar My Old FriendWhat happen to you these days? haha jokes apart its in a serious down trend it retest 2.59 level and got a clear rejection clearly it means buyers are not interested to buy at high price and are selling it. Although other real estate companies are flying higher like deyaar, upp, artc.
Interestingly emaar is still trading within the big red candle that it made 3 days ago. We can all this as inside trading its still within the range ppl holding this stock are in losses as of now so if the price goes below 2.53 stop losses will be hit and more selling orders will executed.
Hit like & to support guys :)
Emaar Properties is trying hard!!Its trying hard to climb up as artc is jumping up everyday which is also a real estate stock. But emaar is under performing these days. It have made a inside candle today again. Technically it will follow the direction of the breakout of its previous candle that is a red candle. We have to wait and see which direction its breaking and closing. Keep stalking this one. I am still bearish for this one till it closes above 2.70
Hit like & Follow
Emaar Properties Again emaar got smashed today its trying to rise up but sellers are pushing it down. We still stick with the same plan if the current support level does not hold that is 2.60 level it will quickly come down to 2.45 - 2.50 so far very bearish so no trades.
Hit like & follow guys for support.
Emaar Down SouthI had posted this trading plan few days ago and its playing out perfectly. Emaar is in a down trend now and it could not break the resistance today and got rejected. Next level is 2.60 and thn further down as marked in the chart. Plan the trade and trade the plan!!
Hit like & follow
Emaarbreakout the Resistance line needs confirmation that means the entire candle must be above the line let us wait for tomorrow.
breaking out the 2.81 will pull it upside near 2.96 or more.
Emaar as per the planIts working out nice and as per the trade plan, it is retrace back at the resistance level 2.69 is a strong hurdle to cross for now. Its still in a immediate down trend. I will be bullish once it closes above 2.80 to change the momentum of the current down trend and begin a new journey.
Hit like & follow
Emaar Properties Buy or Stalk?As mentioned in my previous idea, emaar closed in the support area with a red bearish candle but very next day as we stalk this stock to give us a good buy signal it made a inside candle, For those who are learning candle stick pattern inside candle is a candle that opens above the previous days close and closes below the previous days open. So is this a buy signal? can we buy now? firstly emaar is in a down trend now as marked in the chart i was stalking this stalk in thursdays session but it was only good for intrdays trade and in a down trend stock i dont do intraday trade. How to trade? as per the books we can take the trade at the breakout of the inside candle that means lets see on sunday which side it breaks out and closes. I am still bearish on emaar properties i think it will retest the upper level as marked in the chart and go down again.
Remember out analysis will not be 100% correct everytime, we just have to be 60% correct it means out of 10 trade if your 6 trades are successful we make good money as our risk to reward ratio should always be higher thn 1:2 or atleast 1:2 never take trade on 1:1 RR.
If you like my analysis and if it helps you hit like & follow to show your support.
Emaar change in the trend?Emaar is bearish as i have been mentioning, today it went further down side and no sign of relief at the support area. Its been rd since 3 days there is a possiblity that it can retrace back a little but overall its bearish no doubt about it.
Hit like & follow to show your support guyz!!
Emaar buy now?As mentioned this stock is in down trend, today it found support at the level but we still dont have any confirmation yet to buy. Lets wait the price to confirm this support level give a buy signal and thn go for the kill.
Hit like & follow
Emaar whos buying? Its surely in a down trend now and no sign of recovery yet! even today it closed in red and lower. Who are the buyers here in this down trend??? retail traders are the one who get stuck in here with their capital, smart money & the big fishes are already out long time ago after booking their big profits.
Hit like & follow
Emaar Properties Down trend making lower highs and not breaking upside, i will not take this trade till there is shift in the momentum and buyers step in just by making a green candle tomorrow i will not enter the trade. It has to close above 2.80 to change the trend. Since 24th june it made lower high and very bearish. Dont be trapped if it only makes one green candle for a day and come down.
Hit like & follow for your support.
Emaar go!Emaar have made a perfect setup that i like to trade, it breaks the resistance comes back to retest and bounce back upside. Let us not forget that emaar have made a lower high and a lower low too but it recovered and started to trade above the swing low. Today it retested the support line and closed above yesterdays close. We can make 2 scenarios here, first is either it touches trend line and trade low or it breaks the trend line becoming more powerful and be very very bullish. For intra day trading yes this can be a good stock for tomorrow as the trend line is still bit far and profits can be made.
Hit like & follow
Emaar Properties As mentioned in my previous idea it have become weak and is in a reversal infact its reversed for now it made a bearish doji candle today indicating more selling pressure. To become bullish it has to close above 2.75 and break the trend line. I will stalk this stock till thn and wait once it gives me my setup. Bearish for now.
Hit like & follow
