Expecting short fall if breaks latest channel. If market take support from channel it will boost to increase buying pressure.
NSE:NEWGEN Support 800 Sl 785 Target 829/850/868 Rsi 55 Shortm MA showing strength Formed Hammer on last trading day Volume is also showing strength
Broke out today worth heavy volumes. Can be a rewarding trade. Big Targets. Keep tracking. PS: For educational purpose only. Long Term target can be 40-50% from here.
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
NEWGEN SOFTWARE Fresh Breakout Buy for positional. Buy Above 1061 Or wait for level of 1000 can enter Target for 1200 Stop loss 800
Bullish structure, harmonic pattern , potentially cn touch 977 as target .
Looks good for upmove Building up the strength Volume increasing with every price move. Only for educational purpose. Not a trade recommendation.
Buy Newgen Software target of Rs 460 to 465. Result was good i mean result was quite mixed and its looking good also on chart so might be we can see some upside from these levels keep stop loss at 386. And hold
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% -2% Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
be ready for it guys W pattern i found on it bullish it ihave mark level on chart
My upside idea on NSE:NEWGEN . It will be better to take entry at the level of 335.50. Then stay long for targets of 347 356 & 375 My stop loss will be 310 Note: This is my personal analysis, only for learning. Thanks.
buy at 603 add more above 666.70 target's=713 and 749
Inverted Head and Shoulder breakout in newgen Softwares - Fundamentals also well Enough
cmp 651 trgt blue lines sl red lines Disclaimer: All information shared is just for educational purposes. By no means shall we be accountable for any debits/losses amounting out of it. We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
HIgh Delivery Nice Consolidation Keep in watch . . . . . .
High Probability Trade Setup Buy NEWGEN Software above 620. Risky traders can even buy around 600-610 range. Stock looks good for mid-term. Above 645, stock can blast and we can see 700++ levels as well. Refer chart for in detailed levels. There is a gap created from 664 to 645, high probability of gap getting filled in coming week. Good Volumes seen on the...
A potential candidate for Channel BO for educational pupose only