ADCB – Quick 6% ScalpAbu Dhabi Commercial Bank (ADCB) is showing strong momentum after reclaiming 12.52 AED. Price is currently trading at 13.48 AED, pushing aggressively toward the next key level at 14.32 AED, which stands as a major resistance zone.
📌 Target : 14.32 AED (Major Resistance)
📌 Scalp Gain: +6%
Middleeastmarkets
EAND – Gaining Momentum for the Next MoveEtisalat Group appears to have bottomed, establishing a key accumulation range between 15.74–18.58 AED. Price is currently playing within this range, building a solid base after a prolonged downtrend.
If Etisalat breaks above the 18.58 AED resistance with strong volume and follow-through, it opens the door to a clean upside move toward the next key levels:
T1: 20.14 AED
T2: 22.24 AED
T3: 25.88 AED
T4: 28.70 AED
The structure is tight and range-bound, but the market sentiment shows early signs of strength. A breakout from this base would confirm a shift in trend and could trigger a mid- to long-term bullish leg.
📌 Risk management: The 15.74 AED level serves as the invalidation zone. As long as price holds above it, bulls remain in control of the setup.