Market Watch Q1-2013 Jan Feb March DFM ADX

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Market Watch Q1-2013 Jan Feb March DFM ADX

Postby asoof » Tue 01 Jan 2013 00:05

Hello All,

Please allow me to start the new thread and I hope year 2013 will bring good news and profit for every one of us.

I am happy Thaj is back and also rest of members are quite active these days.

At the moment i am holding GFH and DSI and planning to add Aldar, lets see what happen later.

Kindly share your thoughts after the new rule impose by Central Bank of UAE.

Happy New Year to every one and my best wishes for all.
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Postby adeelakhtar » Wed 02 Jan 2013 12:38

Thank Asoof for the thread. Whats experience advise on tabreed ,tamweel and DSI.

Aldar and surouh woke up after a short sleep.

Regards.
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DSI

Postby aqibraza » Wed 02 Jan 2013 13:05

Now DSI is at .74 if it break above .743 then it will be good to buy.
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SALAMA broke 0.645

Postby thajuddeen » Wed 02 Jan 2013 20:24

SALAMA finally broke that mark on a big gain day for the market.

I am not holding SALAMA but loaded with DAR.

My calculation was DAR might hit 0.665 the peak it hit from a base of 0.522. Now the stock has risen from 0.524. Let's see how it goes tomorrow.
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DAR

Postby thajuddeen » Fri 04 Jan 2013 08:46

thajuddeen wrote:I am not holding SALAMA but loaded with DAR...


I exited the stock.

Insurance is not getting that push yet. It was good that DAR broke above 0.591 but on low volumes. It did another 7 fils cycle from 0.524 - 0.595.

I will look for if it gets support around 0.56 which is 50% FIBO of above range.

I looked into TADAWUL where INSURANCE was underperforming the Index in the last week or so.
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Happy New Year n Hot Money

Postby Cash King » Sun 06 Jan 2013 19:17

Dear Friends,

First Happy new Year to all forum members.

From The Beginning of 2013 the DFM looks to be very bullish and a smart hot money is chasing the available liquid stocks.

How much this rally will stretch ? Only our tech Guru Thaj can advice.

To me it appears that we may be very close to 2000 index Maximum limit of the current rally as we may touch it in March 2013 subject to if all is well at global & regional scale.

Hold your breath.

Cheers & Only Cheer






:D
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Re: DAR

Postby thajuddeen » Sun 06 Jan 2013 20:13

thajuddeen wrote:I will look for if it gets support around 0.56 which is 50% FIBO of above range....


I did a day trade. I bought at 0.565-0.566 and sold at 0.575 as TASI continued to underperform INSURANCE.

Around 0.56 is still a tradable buy.
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Hot Money

Postby thajuddeen » Sun 06 Jan 2013 20:44

Cash King wrote:How much this rally will stretch ? Only our tech Guru Thaj can advice....


I smelled the hot money and I mentioned it in my earlier post.

Infact there is a positive momentum in DUBAI Stock Market in general as the brand 'DUBAI' is reemerging.

HM is now booking profit in Banks/Financials and they take positions in Real Estate. I mentioned about UPP which has already rose over 20% from last week's low.

I haven't thought of where this rally will peak.
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Thanks

Postby Cash King » Mon 07 Jan 2013 14:59

Hi Thajuddeen,

Yes I do remember you highlight the hot money.

But I like to know with the current daily volume of 300 million shares since Jan 02,2013 what are the resistance & support.

By all means it is a moderate volume.

What your block theory says about Emaar and ARTC or some leading stocks

Please advice.

Cheers
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Re: Thanks

Postby maklad1 » Mon 07 Jan 2013 19:10

Cash King wrote:But I like to know with the current daily volume of 300 million shares since Jan 02,2013 what are the ...


Daily there is a good increment of the foreign investments percentage in emaar

The new dubai city attracts the investors to buy EMAAR share which will support the share.

Once the details of Dubai city announced, the share will fly.

If Arabtc does not announce a good profit, it will follow EMAAR
Take your own decision, and you decide your destiny

Good luck
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Yes Very True

Postby Cash King » Mon 07 Jan 2013 19:35

Hi,

Maklad1 wrote:Daily there is a good increment of the foreign investments percentage in emaar


Yes very slow & steady buying by foreign investors in Emaar & Arabtec.

If all is well then 2013 will be BEST year for DFM.

Cheers
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Postby adeelakhtar » Mon 07 Jan 2013 23:39

Hi dear,
Which penny share has some steam left if their is any penny share ?
Can salam bank be tabreed of this year? Which share has alot of room to move like tabreed like last year? Any suggestion.

Regards
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UPP

Postby khan007 » Tue 08 Jan 2013 11:09

Guys

What about UPP do we can expect some upward trend ?
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These are great signs!

Postby ST Rookie » Tue 08 Jan 2013 14:10

Quite a daring day at the share market. The stocks picked up in the final 1 hours breaking all resistances. EMAAR, DSI, DFM,TAMWEEL all took upwards. Not to mention the other stocks were also up.

Looks to me we may see 1800 by mid January and 2000 by March.

BTW can anyone advice as to how can we verify/track local vs international investment in DFM/ADX on a daily basis.

This information is very crucial and i would really like to know.

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DFM is on fire...

Postby girish » Tue 08 Jan 2013 14:41

DFMGI ...is on fire...

great volumes...few points down and then up again...


Where are the seniors...SAM, THAJ and Amerf

looks like 1740 very soon ...maybe tomo ...u never know


Stay invested in companies which will give dividends...especially cash ...emaar , dib , dic, AA to name a few
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The Real fire is at ADX

Postby Cash King » Tue 08 Jan 2013 15:06

Hi,

Girish wrote:DFMGI ...is on fire...

great volumes...few points down and then up again...


The Real fire is at ADX watch Aldar & Sorouh massive one day gains.

Cheers & Only Cheers

The Current momentum if sustain then DFMGI 2000 is not very far away.

Some strong News about Aldar & sorouh are in the air. :)
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Re: The Real fire is at ADX

Postby girish » Tue 08 Jan 2013 16:52

Cash King wrote:The Current momentum if sustain then DFMGI 2000 is not very far away.


mobile.reuters.com/article/idUSBRE9070AM20130108?irpc=932

Aldar sorouh merger update...this is the reason why both went up sharply
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Aldar/Sorouh

Postby mani » Tue 08 Jan 2013 16:54

In the last 2 weeks no one was talking about aldar & sorouh. After today almost 15% gain what do you say guys.
Should 1.72 would be the firm resistance ? Sanity, Sam, Thaj... what you people advice about it.
personally i will be waiting for 2.4 ... just because of the book value of sorouh.
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Peaking Tomorow

Postby thajuddeen » Tue 08 Jan 2013 20:18

Cash King wrote:What your block theory says about Emaar and ARTC or some leading stocks...


I think tomorow we will have DFMGI peaking for the time being. Possibly another 1%+.

EMAAR around 4.26.
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ALDAr SOROUH MERGER,,, make both markets UP

Postby wisk » Tue 08 Jan 2013 20:22

... Yeah Girish thanks for the link...

The DFM / ADX both were shooted up in the last one hour on ALDAR SOROUH merger news, that lifted the sentiments in DFM as well... thus the last one hour in DFM got up as well...

Moreover, the volume in ADX today is extra ordinary high... seems tomorrow may another limit up for ALDAR SOROUH, at least 1.7 in on cards in couple of days...
sMiLeS AcRoSS MiLeS
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Where is Guru Sam ?

Postby Cash King » Tue 08 Jan 2013 20:41

Hi,

Where is our Guru sam?

Desperately need his analysis on today market news & views.

Today Dead Financial Market volume was 500 million shares?

what it speaks

Vanguard or Hot Money is the main reason for current rally?

Results & Rewards ( dividend ) we all know and anticipate. Not a issue.

So who is buying, why buying, what buying ?

cheers

But with a broken heart as In my basket no aldar & no souroh shares. :(
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Thanks thajuddeen

Postby Cash King » Tue 08 Jan 2013 20:46

Hi thajuddeen,

Yes I do agree that first 15-30 minutes will be very exciting and Emaar may touch 4.26.

Global Markets may effect us as well.

So be careful.

:)
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Re: Aldar/Sorouh

Postby Ahmed » Tue 08 Jan 2013 23:57

mani wrote:personally i will be waiting for 2.4 ... just because of the book value of sorouh.


Why would you assume such figur? Is the mergar news , new to our ears ? Read the artical carfully you will find it creepy , any way from 1.25 to 1.58 is very good gain , be very carfull abut the deal as there will be 1 gainer out of the 2 companies . Example the deal of tamweel and dib reflected negative on both shares , it would be even wores if they al dar / sorouh comes out with smilar scenario
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Re: Thanks thajuddeen

Postby Ahmed » Wed 09 Jan 2013 00:09

Cash King wrote:Yes I do agree that first 15-30 minutes will be very exciting and Emaar may touch 4.26.

4.21 is expected nothing more if gets there , i would sell the gap for sure immediately if there is 1 , the thing is the small fish are not small or stupid anymore , look at us 2day we are not any more the 2008 traders we learned alot also others , if i was not holding i will never buy 2moro i will wait the 1650 again after i sell , i hope am wrong
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Postby safeuae » Wed 09 Jan 2013 07:17

I also expect a sell off. There have been gains of nearly 30 fils per share or more (emaar) for many, it must be getting very tempting for many to sell. Also i do not see any real reason for this surge.
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