Newgen in Blue Sky.

Jan 15

NEWGEN showed a strong upmove today Crossed Key Levels and Hit an all-time high, with RSI bouncing back Sharply again.

Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader.
For Postional Trade let it cool down a bit and then try to enter at swing low.

Target(Take Profit):
1977 will be Levels for Swing/Positional Trader.

Stop-Loss:
Around 1534.15 For Swing Trade and Positional Trader.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

Jan 17

Note

Cooling Down as Mentioned Wait for confirmation.

Jan 20

Note

Still No Confirmation

Jan 20

Note

Newgen Posted Excellent Numbers for Q3.
Management commentary and result reaction awaited to see.

Jan 21

Order cancelled

Unable to Cross Even after Results Reaction.