NEWGEN trade ideas

ANURAG_PRASAD Updated 

newgen software, correction has been on since jan2021, accumulate for trgt of 400 = 40% med trm trgt 355

06:02

InfinityCapital

Newgen is a good buy at these levels

harsh996 Updated 

Buy above 320 on closing basis based on Hieken Ashi candle Target: 350

Maverick_777

Simple clear TL BO. check for huge volume spikes in lower TFs as daily is yet to be covered.

pbela22611

Positive Reversal Rejection at confluences of avwap 50 EMA 50% Fib entry : Black line SL : red line ( You can buffer) Target : green box and all green lines above bullish weekly and monthly RSI

sameerzworld Updated 

A range formed on weekly levels is broken with the big bullish candle. A wedge pattern is also formed which is broken. A long trade can be taken. Although much volume explosion is not seen.

Arnold7Ratan

THIS IS NOT A TRADING IDEA USE THIS ONLY FOR EDUCATION I MAY OR MAY NOT BE TRADING IT Rising wedge good to short

Arnold7Ratan

There is a continuous rise in the price of the share and now the Rising wedge is formed and is mos likely to fall. THIS IS NOT A TRADING IDEA, this is only for education

mehulsan77

sl wcb

anishpec

NewGen BO @ 217 Target 250

Wiseculprit Updated 

LEVELS MARKED

amanbhavsar1

Newgen Software Technologies Ltd at support levels. Buy with target of 164 and SL Below Support Line ( i.e, Around Rs. 132)

khichiajay

Form kind of "Double Bottom" pattern on daily chart.

InfinityCapital

Newgen has been on my radar for quite some time. The stock has not corrected as much as the smallcap index did. The stock today has moved up 2000% volume. I have added a small position today and will be adding more on further price strength. The stock is in a Stage 2 consolidation. A breakout from this consolidation phase can spark a huge up move. Will keep you...

PositionalPicks

looking good for a target of 353., stop loss today's day low

PositionalPicks

it could b a potential multibagger in long term, as in the year(2018) of volatility, it showed good strength!

VJinaus

Possible Breakdown expected in this stock as there is a tough battle between the bulls and the bears trying to identify the right price in the secondary market.