NEWGEN SOFTWARE NEWGEN

Sumanyu_Aggarwal

It is a Heikin Ashi candle on the daily chart. This helps to find trends in volatile situations. Price is in the supply zone of Rs. 417-430, forming a triple top pattern. There is also an increase in volume which shows the beginning of a new trend. .

nshares Pro

cross of first trendline on daily.. worth to check if it crosses the resistance and continues upward trend

NaveenBoga

Swing trade. Breakout of trend line. Go long Education purpose only. Thank you.

SaiKiran578 Updated 

Fundamentally NEWGEN is a good stock and it has fallen more than 50% since All time High and currently at weekly support. Risk/Reward Ratio is 9.39 which is excellent in this swing trade idea.

justc1038

a beautiful trade u can take. if u r a long term investor now is the time to enter as there are some institutions who have entered u can see the volumes.

CautiousChartist Updated 

MACD Crossover Encouraging RSI Long Consolidation Strong Volumes - Accumulation Gap up opening An ideal candidate for a strong breakout.

shubhamj2096

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.

CT143 Updated 

NSE:NEWGEN ====================================================== 📈 Swing / Positional Trade - Daily Chart | Pre-Breakout 📈 Buy = 635 (Breakout) Stop-loss = 610 Target's = 705 / 755 R:R = 1:4.8 Chart Patterns = Rectangle, Head and Shoulders #ThankU For Checking Out My Content , I Hope U Liked IT...

Tamilniftyanalysis

NewGen Software seems breakout from long term consolidation concentrate if price sustain above 642 in daily

ashisheva19 Updated 

Break out with volumes and retesting its break out. Generally its a good and strong pattern. if it does not break 635 on daily than might test 52W high. Fingers crossed.

rahulchandrancml

After long consolidation NEWGEN make a super breakout with good volume.. Possible target in short term 25-40% from current level with 10% SL... Size your position accordingly.

dpkrthvideos

buy it with stop less below breakout candle . i am buying this at current level.

finogentadvisory Pro+

BREAKOUT AFTER LONG CONSOLIDATION , GOING TO BLAST Fresh Buy @CMP TGT - 750 & 800 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may...

Thefearlessgirl

levels on chart. self explanatory. flag and pole pattern. 5-6 months of consolidation. long term investment.

ari03_ghosh

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)

harshahacks

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

Shyamlal Pro+

Newgen soft is in a range of consolidation for last 5 months, a good breakout above 645 with volumes will give a long entry. Relative strength is above 0 and we will wait for the value to come above 0.10 for more strength RSI is bullish above 60 in daily time frame

RK_Charts Premium

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...