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Dubaifinancialmarket

Market At Crucial LevelOver all market is bearish for now and its at a critical zone, there are 2 scenarios from here. 1) Market breaks the resistance levels of 3236.45,3282.50 & the major resistance of 3360. Market will struggle to break the resistances and come into BULL territory below 3360 market will be considered in Bear zone. 2) Market will go further down to retest 3120 which is a strong support area it can also go further down from here!! Tomorrow I am expecting it to be a Big green day hopefully but nothing bullish about it. Quick entry & exits are recommended, take your profits home!! Hit like & follow guys ;)
DFM:DFMGILong
by stalkstock
More is coming HoldonDFM have shown us solid buying pressure right near the support zone, this is what we have been waiting for since the correction started. Todays gap up was first indication that it can fly although i was not expecting this big move but yes i was expecting some positive reaction into the support zone. More IPOs are coming up DFM will benefit the most so its a very good stock to keep it in our portfolios for long term investment. Recommended!! Hit like & follow guys ;)
DFM:DFMLong
by stalkstock
6
Where Will It GO??Its very confusing GFH is been on side ways for more than 2 months now. Big meeting is about to happen this month end hopefully if the out come is positive and everything is approved i think this stock will fly very fast. At the same time they are about to distribute dividends so naturally we will see a drop. The main thing is recovery after the drop, it should not remain flat for many days. If it recovers quickly we can see some signs that institution buying have started again. As of now its very confusing a strong resistance is at 1.23 but with a good news market can break all the major resistances. Hit like & follow guys ;)
DFM:GFHLong
by stalkstock
Pattern Failure!! I was very positive on DIC to breakout the pattern on the higher side but after the news about Russia & Ukraine broke out its getting weaker. It could not climb up to the resistance level and close. For now we are seeing it got rejected twice in a row. 2 scenarios from here, first it may take hold and start climbing from here to break the resistance and go higher, second it may come down to retest 1.20 zone and try again to breakout. Overall its still in a uptrend. Hit like & follow guys :)
DFM:DICLong
by stalkstock
New HighToday market surprised us by making a new high in the time of "uncertainty" as the peace talks are progressing for now if the out come of the meeting is positive markets internationally will react positively with a big move. Dubai Stock Market is bullish ( Index ) some stocks are in down trend lets stay away from them and focus on positive stocks. Today index have made a new high and more upside is surely expected. Major resistance is at 3530 zone which will also be broken soon once news listings start joining the index. Bullish!! Hit like & follow guys ;)
DFM:DFMGILong
by stalkstock