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LETS GO BABYEmaar Properties has released a positive news with the real estate booming in the UAE property prices are climbing up in other words fundamentally Emaar is getting strong day by day. We will surely see its reflection in the stock price too. With the last Green candle we are seeing buyers garbing this stocks I am expecting a continuation to the upside. Watchout for a strong resistance around 7.45-7.50 zone. I think this stock will very soon be above 10dhs. For now its under due to geopolitical situation but over all this is a strong stock and highly recommended to be in portfolios. Hit like & follow guys ;)
DFM:EMAARLong
by stalkstock
A new wave up in ADNOC GASADNOC Gas Processing is a natural gas producing company and the largest gas processing complex in Abu Dhabi. The share of ADNOC GAS went up in an impulse from march 2023 and completed the impulse wave up by august 2023 From Aug. 2023 to Oct 2023 the share corrected 61.8% of the entire rise in the form of an Elliot Wave zig zag(ABC). The Wave 3 for the stocks seems to have started off and the projected target for the same would be approx.4.15 AED(26% from CMP). Note*- This post is for educational purpose only
ADX:ADNOCGASLong
by neeraj_2_sharma
Taqa Probability No.1 (Bullish View)ADX:TAQA A clear impulse wave moving inside range as extended wave 3. Now wave 3 never be the shortest one in all three impulse wave ( Wave 1,3,5). As I observed wave 3 is shortest in price range than wave 1 as I highlighted with grey price range to measure length of wave 1 with wave 3. So, the probabilities are that wave 5 would be shorter than wave 3. How much it should be shorter than wave 3 I highlighted it with red price range which is length of wave 3. Possible target is 7.57/- and then stock will reverse.
ADX:TAQALong
by swaaapnil
2
Looking PositiveBayanat is showing us good signs that now its ready to start a fresh trend to the upside. With todays closing bulls are holding at very good level they have a very good chance to crush sellers and shoot up the price. If it opens with a gap down then this will discourage the buyers and we will wait for another bullish candle to take any entries. For now ideal scenario will be if it opens flat and break and hit the first target then again spends few days right at the resistance and make a new move to the upside. Hit like & follow guys;)
BLong
by stalkstock
Ready for the moveBurjeel has spent 3 days already at the current level its just taking a pause before it make a big move to the upside. Get ready for this one, if tomorrow it opens with a gap up there are good chances it will break the resistance of 2.90 and touch 3.00 very soon. On the other side if we see a gap down opening then it can come down to retest 2.80 area and we wait for buying opportunities in that area. Hopefully we see the first scenario happening. All the best. Hit like & follow guys ;)
ADX:BURJEELLong
by stalkstock
2
Dana GasWith the same analysis as ADNOC Gas I think Dana Gas has also ended its decline Firstly- The target of the Failure Swing pattern has been reached. secondly- The stock has reached a very strong support area of 80 and is trading around it without a clear break except imaginary wicks that quickly push the price above the support. Third- The intersection of the MACD averages has completed positive and the histogram has shifted to the positive area, declaring not only the increase in buying forces, but also their dominance over selling forces. Fourthly- The RSI broke the downtrend line.
ADX:DANA
by abba7114
Adnoc GasI think ADNOC Gas's decline has ended First, it reached the target of the head and shoulders pattern and began to fluctuate horizontally without breaking the last low of 3.08 Secondly, the target of the aforementioned model coincided with the second most important support area Third, the histogram bars of the MACD indicator began to rise throughout the period of fluctuation and were about to turn into a positive zone (near the intersection of its averages in a positive way). This means that buying is the one that has been dominant throughout the period since it reached the bottom of 3.08.
ADX:ADNOCGAS
by abba7114
New Launch in DubaiAldar properties is coming to Dubai, with its new project many investors are looking forward and i am sure it will be a huge hit in the real estate market. Dubai real estate market is booming for now i am sure once the financial results from the companies are out stock prices will rise. Once this geopolitical mess is sorted markets will resume its uptrend, many stocks are currently under selling pressure but this is giving us opportunities to buy the stocks at cheaper prices. Hit like & follow guys ;)
ADX:ALDARLong
by stalkstock
Can start a trendThere are good chances from current level multiply can start a new trend to the upside, if geopolitical scenarios are settled this stock can rally very quickly specially after disclosing there positive financial results this stock didn't perform due to the same reason but with todays closing we are getting some sort of indication that buyers are again getting activated. Although this can be a short recovery, i am expecting it to go a bit higher from current level and then come down from a small correction to start a fresh trend to the upside. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
Sign Of ReliefWith todays candle close we are seeing some sign of relief, but still over all the trend is to the downside, this can be a short recovery. There are good chances it can hit the resistance to make a lower low. Over all this stock is very strong and also fundamentally the company is very powerful. Due to the geopolitical scenarios our stocks are taking a beating for now. But i am very positive very soon we will come out of this mess and our markets will triumph !! Hit like & follow guys ;)
ADX:ALDARShort
by stalkstock
Still very TrickyUPP is been under tremendous selling pressure, for now its just taking some support at crucial demand zone that is around 0.310 zone. Still this can be very risky it can break this support area to go lower to make a new lower low. As most of the stocks in Dubai Financial Market are under selling pressure today we saw some buying coming in but this can be a short recovery too. So I would suggest wait for a trend confirmation before taking any positions. Hit like & follow guys ;)
DFM:UPP
by stalkstock
1
Correction PhaseAfter this massive selling pressure that we saw because of Geopolitical unrest in the middle east for now Emaar is trying to recover but this move cannot be trusted its just a short recovery. bears will attack anytime again so this can be a bull trap which we have to avoid although its very tempting to buy at current levels. I am waiting for a small correction and then pick up this stock. Over all markets are very sensitive for now any news can result in a crazy move. Hit like & follow guys ;)
DFM:EMAARLong
by stalkstock
1