📈 Stock Name - Newgen Software Technologies Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 931. 🚨Disclaimer: This is not a Buy or Sell...
NSE:NEWGEN ✅ #NEWGEN trading above Resistance of 1325 ✅ Next Resistance is at 1839 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
Entry: above 1460 SL: 1415 ● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. ● Rising EMA's ● Price retraced to EMA10 and started to move up
NSE:NEWGEN ✅ #NEWGEN trading above Resistance of 946 ✅ Next Resistance is at 1325 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This...
NSE:NEWGEN ✅ #NEWGEN trading above Resistance of 712 ✅ Next Resistance is at 946 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is...
MACD positive RSI > 60 Volumes Rising Bullish C Crossover (20 EMA crossed 200 EMA) and currently trading above 20 EMA and closing with strong Green Candle Support 429 Resistance 580 / 670
cross of first trendline on daily.. worth to check if it crosses the resistance and continues upward trend
MACD Crossover Encouraging RSI Long Consolidation Strong Volumes - Accumulation Gap up opening An ideal candidate for a strong breakout.
Retested support level, long standing trendline since March 2020 intact, Resistance line can be broken in few weeks. Buy at 570 level for upside till 630 i.e. 10% in parallel channel. Stoploss below latest mother candle on 25 Jan at 550 i.e. 5% Risk Reward Ratio 2:1 Can hold for larger gains as well since Q3 performance was good but stock did not move much.
Newgen software is moving in a range for a long time, the box pattern break will give it a bull run. Volume of 7th Jan gave a sudden spike, keep an watch on closing above 645 (DCB)
Newgen Range Breakout Works very Well. On Positive Breakout We can see Good Move Up to Resistance after Resistance Breakout we can see more up move Always Usestoploss
This stock has been consolidated for two months long period in a very narrow range, recently it gave a fake breakdown and again bounced back towards resistance area, along with rsi positive breakout above 60, and macd positive crossover, if it breakouts resistance zone above 644.50 then it can make up move direction towards north, towards 750 range. after...
Triangle breakout with high volume in Newgen Software Technologies Ltd
Triangle breakout with high volume in Newgen Software Technologies Ltd