DFM General Index
The index closed down at 3385 levels and we had previously mentioned that breaking 3408 will push the index again to drop the resistances and previous supports do not change 3385 3377 (3365 -3350 lower range) For the bounce and the convergence zone, support and conglomerate support
resistors 3394-3408 3416 3434-3450-3467
We still believe that the current drop is temporary before entering a new bullish wave
Emaar arrow
The stock closed at 6.54 levels. We mentioned previously that in the event of a break of 6.58, the stock targets 6.07 levels passing through 6.37 currently, the stock is likely to hold above the support 6.37 because there is trend support at Resistance, in addition to the high selling price, and a positive divergence on the stock. Resistors do not change 6.58 - 6.69 penetration, so the stock will go to test 6.82, and if it exceeds it, the stock will try to test levels of 7 dirhams again
Dubai Islamic stock
The stock closed at 6.20 levels, where the stock showed consistency above a bullish sub-trend, which is likely to target the stock again to levels 6.68 through 6.41-6.47 (an upper gap that the stock will close) In the event of a break of 6.10 targeting 6.5-5.95 with a favorable movement for the stock
Dubai market share
The stock is moving within a classic triangle pattern targeting in the future 1.33-1.41 breaking 1.08 negative, close targets 1.23 passing through 1.14-1.17
Arabtec arrow
any breakout of 2.78 targets the stock 3.0-3.06 passing through 2.93 support 2.65-2.59 negative break .... the stock is moving above a positive upward wedge
Gulf Fund for Jashf Finance
The stock closed at 1.47 and the stock stands at an important and major downward trend line, which exceeds the current levels and closed above 1.5 dirhams will open the door ...
