Indeks DFM
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DFM Will It Cross?

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Tomorrow will be a interesting scenario in DFM as its right at 200ema which will act as a dynamic resistance level for the market, in my opinion it will not cross in one go and we may witness some profit booking tomorrow. We can back test in charts when ever there is any important support or resistance level market needs to breath before it takes a big jump again. As i say there is nothing guaranteed in the market it can also break in one go and trend higher. Any how after the resistance level is taken out next clean target is 2400 which will not be hard and will be achieved very soon once this resistance level is cleared. Over all its bullish for sure BULLS are totally in controlling the market :)

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