NEWGEN SOFTWARE TECH LTD
Long
Mis à jour

Newgen in Blue Sky.

611
NEWGEN showed a strong upmove today Crossed Key Levels and Hit an all-time high, with RSI bouncing back Sharply again.

Trade Setup:

It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader.
For Postional Trade let it cool down a bit and then try to enter at swing low.

Target(Take Profit):
1977 will be Levels for Swing/Positional Trader.

Stop-Loss:
Around 1534.15 For Swing Trade and Positional Trader.

📌Thank you for exploring my idea! I hope you found it valuable.

🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.

Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.

Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

Note
Cooling Down as Mentioned Wait for confirmation.
Note
Still No Confirmation
Note
Newgen Posted Excellent Numbers for Q3.
Management commentary and result reaction awaited to see.
Ordre annulé
Unable to Cross Even after Results Reaction.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.