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DFM Index

No Sign Of Relief

49
Market is going down day by day and no sign of relief at support levels. Its approaching a important support zone that is around 2800 level lets see if it bounce and move up else will go down around 2740 level if this is broken market will change it direction to a down trend which i hope doesnt happen. For now market is under pressure and needs a positive catalyst to move up. One of the reason why market is under pressure is because of the Adnoc IPO. Lets see next week Adnoc will be open for the trading also Dubai Expo 2020 will start with a bang!!!

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