Good opportunity for intra day traders,DXBE is attracting strong buyers pushing the stock upwards. Buying area between 1.20 to 1.25 and immediate target is 1.40
As a intraday trader i see a good opportunity to buy emaar shares, currently at 2.30 and is showing good price action on 1 hour time frame i will look for a good entry in 15 mins time frame and execute the trade with first target at 2.476. Stop loss at 2.237, good RR ratio to be in the trade. Lets see how the trade folds out. Watch out this space for more updates
The index is heavly over sold and in a serious down trend since beginning of Jan 2020 almost 41% down from the Jan peak! i see a pin bar on a weekly chart. Have we reached bottom? may be we can see a solid green candle to say that short term uptrend or a retracement is in progress....i wish to see the index to resume uptrend very soon ...very soon above 200 ema....