adil271

adil271

Good Day Trader! We observe a Bullish Divergence between the last two Lower Lows. There are three scenarios: Scenario 1: The bullish divergence will take effect and the price will rise. Scenario 2: The price can go sideways for consolidation. Scenario 3: The price may ignore the bullish divergence and continue to drop forming new HL and LL. We will take...

adil271

The Price is testing the Fibonacci Retracement levels and is expected to continue uptrend. Good opportunity to buy at these levels. These levels are indicated on the chart.

adil271

Good Day, Traders! The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further enforces this idea. The trade maybe taken now if not taken...

adil271

The stocks MULTIPLY bounced from a major resistance with bullish candles and consecutive green closing. We also observed bullish divergences in the past month. Currently the price is in between a resistance and support zones. We saw a red candle closing today which can be a good sign. For a sustained bulls run, it is important that the price correct itself and...

adil271

Good Day, Trader! Our seasonal analysis of the DFM Index over the past 10 years reveals that March has historically been bearish more than 70% of the time. However, there’s good news on the horizon— April has shown a bullish trend in over 70% of the past decade! For a complete view of the seasonal and cyclic trend analysis of the DFM Index since...

adil271

SALIK is expected to continue upward trend. Position may be taken as per the below trade plan and risk: Buy @ 5.91 Take Profit @ 7.11 Take Profit @ 8.31 Stop Loss @ 4.73

adil271

A double top bearish pattern is formed for ADNOCLS, the price may drop to 4.15.