Abu Dhabi Ship Building Co: Buyers are likely to drive the stock price higher during the following trading sessions as it remained over the uptrend channel support level of AED6.70 (Should be considered as a stop-loss point).

Lulu Retail Holdings: The stock has almost tested the support level at AED1.15, and is ready to recover back only if breaks over the resistance level at AED1.23, with next resistance level seen at AED1.33 and then toward the previous high again at AED1.42 in the short to medium term. Traders may look to BUY with stops placed below the support level...

The index has successfully breached prior resistance levels and is currently trading near the peak recorded in February 2024 at 2090 level. A sustained break above this level is anticipated to extend the upward movement, targeting the next resistance at 2120, and subsequently retesting the previous high of 2168 within the short to medium term.

Burjeel: The stock has recently demonstrated upward momentum by closing over the 20-Day moving average line and closed below the resistance level at AED1.43, a break over the resistance level shall trigger bullish move towards the previous high at AED1.59 followed by the next resistance level at AED1.75 in the short term. Traders may look to Buy wi...

SPACE42: The stock recovered from the support level at AED 1.83, nearing the current resistance level at AED 2.00, a break over it shall trigger bullish move towards the next resistance level at AED 2.20, and then toward the previous high again at AED2.36 target zone. Traders may look to Hold with stops placed below AED 1.80 level.

EMSTEEL: The stock has recently tested the support level at AED1.14, and is ready to recover back toward the next resistance level at AED1.20 followed by AED1.32 and then toward the previous high again at AED1.45 in the short to medium term. Traders may look to BUY with stops placed below the support level at AED1.08.

Emaar Properties: The stock is expected to recover from the support level of AED 13.05, presenting a potential buying opportunity with a possible rebound toward the resistance level at AED14.00 then AED14.45 with target price near the previous high at AED15.90 in the short term. Traders may consider entering long positions, with stop-loss orders pl...

Modon: The stock has recently tested the 20-day moving average and the support level at AED3.47, and is ready to recover back toward the resistance level at AED3.76 and then toward the previous high again at AED4.00 in the short term. Traders may look to HOLD with stops placed below the support level at AED3.30.

Emaar Properties: The stock is expected to recover from the support level of AED 13.05, presenting a potential buying opportunity with a possible rebound toward the resistance level at AED14.00 then AED14.45 with target price near the previous high at AED15.90 in the short term. Traders may consider entering long positions, with stop-loss orders pl...