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Newgen breakout ATH with vol
NEWGEN SOFTWARE TECH LTD
Long
Newgen breakout ATH with vol
By jagadishraju2007
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Sep 28
2
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2
Sep 28
Have bought Newgen for Rs.1319 on Sept 20,2024.
Reason: Breakout ATH,after consolidation pervious week showed good volume and RSI above 70.
Sep 30
Comment
Closed 50% position @ 1344 ( 30Sept,24) Reason : Stock corrected -5%, I generally tend to get out if the stocks moves more then -5% in a single day.
Holding other 50% ,as I believe the market will get back to normal in this week. If not will Exit before the buy price.
TODAY : NIFTY TOTAL Market fell by -1%
News :
Japan down 5%
India down 1%
China up massively
Chart Patterns
Trend Analysis
jagadishraju2007
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