Again buying opportunityIcap is still positive after making a higher of 2.24 we saw correcting/profit booking. But the best part is its reacting positively right at the support area that is at 2.10 still its going as per the plan that I had recommended we can see 2.30 very soon and we will book the profits in that zone. After the listing it could not sustain it gave up all the gains but for now its looking juicy at current levels.
Hit like & follow guys ;)
ICAP
ICAP Holding TightNew entry in Abu Dhabi Securities Exchange is Investcorp Captial. It opened at 2.30 and its been hanging around the same price level which is good looks like its just establishing support for now. Good chances it can break higher from current levels. But at the same time lets not forget Dubai Taxi Company IPO will be starting from tomorrow and its a huge IPO so we may see liquidity crunch in the market for some days. For now i think icap can make slow and steady moves to the upside.
Hit like & follow guys ;)