Newgen software is trading in a narrow range since almost 2 months, after a strong up rally. Gave a fake breakdown of support zone last week. Today closed near the resistance zone. Can be good long trade if it manages to close above this range. Levels mentioned in chart. Follow strict risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.