📈 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...
Newgen is approaching a potential breakout area on the chart, with key levels marked. Consider purchasing once the price exceeds 881, either on accumulation or consolidation. Targets are set at 920, 950, 980, 1100, 1200, 1500, and 1700, with a stop loss at 648. The chart pattern is looking attractive.
Company is almost debt free. Company has given good quarter Company has delivered good profit growth of 19.2% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 20.4%
Reason for long a) Rally rest and Rally continuation possible ( Triple R SET UP) b) QQE support c) Channel support d) Super vwap support e) The IT index support may support for further rally f) SL compulsory
Buy for a target of 1600 , time frame for achieving in 1-2 sessions
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....
There is no guarantee in stock market and Nothing over week Always Invest or trade according to your loss bearing capacity Bet on Newgen Software Technologies Ltd Target: RS 1511 CMP: RS 1438.55 STOP LOSS: RS 1415 Disclaimer: I am not Sebi Registered.
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
Newgen Software locks at 5% upper limit, hits new high on bonus issue plan Around 19,000 equity shares have changed hands and there are pending buy orders for nearly 30,000 shares on the NSE and BSE, the data shows Shares of Newgen Software Technologies hit a new high of Rs 1,304.70 as they were locked in the 5-per cent upper circuit on the BSE on Monday at...
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.
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...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Great results yesterday that beat the estimates handsomly. The stock reacted positively (although the float isnt very high). Still awaiting analyst call but Caters to mid tier banks and FI globally - this is a niche segment not fully explored by large IT firms Their product is in vogue these days - low code enterprise (and niche as well) Pricing has...
#Newgen Software It is a global software Company and is engaged in the business of software product development #NEWGEN -Market Cap₹ 7,418 Cr. ROCE 24.0 % InstHold 25.2 % -#Q2 reports 59.3% Y/Y jump in Sept-qtr consolidated net profit; revenue from operations up nearly 30%
Buy Newgen above 926 SL 840 Disc : It's not an investment advise to buy or sell
NEWGEN SOFTWARE symmetrical triangle pattern With good accumulation last 3 to 4 month good chance for long side entry wait and good conformation candle to entry
Newgen software volatility contraction pattern in one hour chart trend line support