ARTC Got RejectedAs expected it could not hold the 200ema level which is acting as dynamic resistance as of now, if you following my insta i had mentioned it earlier that it will not cross and close in red. I will buy this one as its in the uptrend and it will retrace now. But till when it will retrace 20% 50% 60% we dont know lets see till where it goes and whn it finds support and give us a buy signal. And thn we buy it and go long on this one. For now i have bearish but over all its bullish.
Hit like & follow if you like my analysis.
DFM
Dubai Financial Market Upside or Downside?A small education video on trend analysis on Dubai Financial Market.
Damac TradeMy trade with Damac went as per the plan it was nice & easy trade, i entered as per the plan and i exited with profit too. Its still looking bullish to me i will see tomorrow if i can take the trade again. Those who took this trade today am sure must have made money.
Hit like & follow
Emaarbreakout the Resistance line needs confirmation that means the entire candle must be above the line let us wait for tomorrow.
breaking out the 2.81 will pull it upside near 2.96 or more.
Dubai Financial MarketMarket is going as per the plan, its still in the triangle and it did touch 2050 level again today the retest and bounced off to close at 2064. Slow and steady moves but yes it inching slowly upwards within the triangle range. It will be very interesting to see where does it breakout. Lets wait and watch. Keep stalking.
Hit like & Follow
AmanatIts right at the support and its not closing below the support area, its still bullish and is kind of making double bottom type pattern. I will not enter this trade because the target is not so attractive for now. Will take this once it gives a big move.
Hit like & follow guys lets grow this DFM community and get connected with our ides to profit.
Salama did anyone trade this one?If you following my trade ideas and took this trade am pretty sure you closed your trade in profits today as it went exactly as per the plan. If you have taken this trade and made some money comment and let me know your entry and exit. If you didnt exit yet or didnt take the trade comment as well i will let you know when to enter again.
Hit like & follow to show your support.
DFM Bounce BackGood starting of the week with positive closing, market have bounced back again ! bulls have show some power and the market have pushed upside the move is small but still its back in the positive side or the triangle as marked in the chart. The pattern still continues and is valid we can expect market to move up till the next resistance inside the triangle and it will give a breakout at the apex which is not coming closer, we can expect a break out by end of this month. Let wait and stalk to which side it gives a break out. Market is back in the safe zone which is bullish. I took a trade on Damac will post my trade too.
Hit like & follow guys!
DFM On A Bigger PictureIf we shift our charts to weekly and have a bigger picture we can easily identify a uptrend, the market is making higher lows and higher highs that is a proper definition of a uptrend. As of now its at very critical support area if it breaks to down side the next support area is 1890 area and 1720 area respectively. If the market have to go up from here bulls have to act fast and this week, if the market goes below this level at the end of the week we can say shift in the trend is taking place and further selling pressure can be witnessed. As a day trader i am bearish on this one but for a long term trader it can still be bullish. Lets stalk this one for the coming week to have a idea about the trend.
Hit like & follow if you like my analysis.
Artc bulls are hereIf you are following my ideas and took the last trade idea that i had mentioned sure you must have made big profits, like i mentioned not all your trade ideas will be 100% correct we just have to be 60% correct in our trading business. It means you have to be correct 6 times out of the 10 trades that you take. Its because the risk reward ratio will make you big money if you are interested to learn that send me a msg on my iinsta will not get deeper here. I have marked 2 zones on the chart buy area 1 and buy area 2, it is very simple analysis the stock is in uptrend, it gave a breakout, it will retrace now and we just have to stalk this stock at the marked levels just buy it when you get your buy signals simple for those who dont know what are buy signals its candlestick patterns if you still dont know these send me a msg.
So wait patiently till the price comes to the marked level and go for the kill :)
Hit like & follow to show your support!!!
Salama where to buy?Finally it gave a nice up side breakout and i closed my trade in profits FINALLY LOL, for those who missed this trade it will give you a second chance very soon just keep stalking this stalk as it has potential and smart money is buying this one. People are sending me msgs and asking me exact buying price! please there is no exact buying price or selling price i have marked the zone where price should give you a buy signal & sell signal thats where you have to buy once you get the signal. THERE IS NO EXACT FIGURE !!!
Just stalk this one and wait for the price to come to your level and thn go for the kill, dont rust just be calm and patient.It will be a easy trade and will give you nice profits.
Hit like & follow if you like my trade ideas.
Emaar Properties Buy or Stalk?As mentioned in my previous idea, emaar closed in the support area with a red bearish candle but very next day as we stalk this stock to give us a good buy signal it made a inside candle, For those who are learning candle stick pattern inside candle is a candle that opens above the previous days close and closes below the previous days open. So is this a buy signal? can we buy now? firstly emaar is in a down trend now as marked in the chart i was stalking this stalk in thursdays session but it was only good for intrdays trade and in a down trend stock i dont do intraday trade. How to trade? as per the books we can take the trade at the breakout of the inside candle that means lets see on sunday which side it breaks out and closes. I am still bearish on emaar properties i think it will retest the upper level as marked in the chart and go down again.
Remember out analysis will not be 100% correct everytime, we just have to be 60% correct it means out of 10 trade if your 6 trades are successful we make good money as our risk to reward ratio should always be higher thn 1:2 or atleast 1:2 never take trade on 1:1 RR.
If you like my analysis and if it helps you hit like & follow to show your support.
DFM Weekend ReviewInteresting week again, thursday we closed in green so is the selling pressure finished? lets analyze in details. Market is trading in a range and have developed a triangle as marked in the chart. It is making lower highs and it made a new lower low on wednesday and closed with a hammer like candle. My analysis says market is very weak and thin it have almost broken the triangle pattern to the downside and in thursdays trading session we didnt witness any strong buys coming in to rescue the selling pressure through out the week. It did make a small green candle but that was just a up day in a down trend nothing significant yes it closed above 2050 but the chart damage is already done. Now from here it can also come back in the triangle and start to go higher but chances are slim as its becoming bearish day by day. It can go up to 2060 and retrace back or continue down from 2050 levels itself.
For this to become bullish buyers have to make tremendous efforts to bring the market above 2100 level which will show a shift in the momentum and become bullish. There are few shares that are still bullish and in trend i will soon post them on my insta and keep you all updating. Its looking bearish for now.
Hit like & support to show your support.
GFH More DownsideIt have broken the support level at which it was sitting, this level have been tested so many times and as i keep mentioning any support or resistance tested again and again becomes weaker. Same is the case here and it just could not hold it any further and broke it down. At this level if bulls are still interested they have to save this one or else it can come dropping down to next support area. Bearish for now
Hit like & follow to show your support.
Emaar change in the trend?Emaar is bearish as i have been mentioning, today it went further down side and no sign of relief at the support area. Its been rd since 3 days there is a possiblity that it can retrace back a little but overall its bearish no doubt about it.
Hit like & follow to show your support guyz!!
FInally its done it!Interesting session today, it finally broke down today and tried to retrace back to close above 2050 level but it could not. As i mentioned yesterday the market is getting weaker and weaker as this support level of 2050 have been tested more thn 3 times and now its become weak. Today it went down till 2030 and bounced from there but its already done the damage. It has a chance to retrace a little more tomorrow but over all it have turned bearish and a reversal is taking place. Detailed analysis will be done over the weekend.
Hit like & Follow to show your support.
AMANAT WHAT A RUNNN!!I have been recommending this stock more thn a month ago, always go with the trend and follow the trend this one is on a uptrend and good for a buy tomorrow. I would recommend this one for tomorrow, check over all market and sentiments and look for a buy signal on this one.
Hit like & follow
GFH Buy opportunityI see a good opportunity in GFH, it have made a perfect hammer candle right at the support level and it looks good to take the trade now. It would not give a very big target as this stock is in a range but this is how you trade the ranges. Check my insta for entries and exit. IF you like my analysis hit like & follow
Emaar buy now?As mentioned this stock is in down trend, today it found support at the level but we still dont have any confirmation yet to buy. Lets wait the price to confirm this support level give a buy signal and thn go for the kill.
Hit like & follow
DFM playing Games?It almost broke the support level today of 2050 and bounced back, If it had closed below the support level it would turn bearish and a reversal would take place however it closed at 2050 and respected the support level by giving the correct reaction. This is the 5th time it have tested this level and successfully reacted in a positive way. Any support or resistance tested again and again becomes weaker.Today it went down to 2041 and bounced yes we can call this a fake breakout out to down side anyone who panicked & sold their stocks must be regretting so who was buying today? surely the "SMART MONEY" they bought the stocks today at the cheaper price to sell it at higher prices. Market is above 2050 level i am bullish.
Hit like & follow
Emaar Malls nice & TrendingThis is the typical example of a trending stock, making higher highs and higher lows. It bounced off from tits recent support and now is expected to continue its uptrend. Good stock !!
Hit like & follow
Artc looks beautiful This stock has given a nice signal in todays close, i would like to see how it opens tomorrow and will buy this check out my insta for more details above this trade.
Hit like & follow :)
GFH back to the pavillion It could not push higher and it have made a candle stick pattern that is called dark cloud which says the current candle opens above previous days close and closed more thn half of the previous candle indicating immense selling pressure and very less buyers. It has almost reached the support level again and lets see if it takes a stop here or moves further down. If it makes a doji or a hammer candle it will be a good sign. Lets stalk this stock till ig gives us a sign :)
Hit like & follow
