Munafa NEWGEN (540900) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

NEWGEN (540900) Indicator analysis

Newgen 540900 intraday stock tips

02 Monday March Stock tips for Newgen Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Newgen stays below 509.1, but if it comes above 509.1, then a intra day buy could be more profitable.
If you take a sell trade below 509.1, then use 509.1 as stoploss and 467.1 as target. However if you take a buy trade in Newgen, then use 509.1 as stoploss and 544.03 as target.

27 Friday February Stock tips for Newgen Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Newgen stays below 515.9, but if it comes above 515.9, then a intra day buy could be more profitable.
If you take a sell trade below 515.9, then use 515.9 as stoploss and 475.1 as target. However if you take a buy trade in Newgen, then use 515.9 as stoploss and 549.92 as target.

26 Thursday February Stock tips for Newgen Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Newgen stays below 519.7, but if it comes above 519.7, then a intra day buy could be more profitable.
If you take a sell trade below 519.7, then use 519.7 as stoploss and 478.2 as target. However if you take a buy trade in Newgen, then use 519.7 as stoploss and 554.21 as target.

25 Wednesday February Stock tips for Newgen Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Newgen stays below 522.5, but if it comes above 522.5, then a intra day buy could be more profitable.
If you take a sell trade below 522.5, then use 522.5 as stoploss and 479.8 as target. However if you take a buy trade in Newgen, then use 522.5 as stoploss and 557.98 as target.

24 Tuesday February Stock tips for Newgen Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Newgen stays below 528.7, but if it comes above 528.7, then a intra day buy could be more profitable.
If you take a sell trade below 528.7, then use 528.7 as stoploss and 486.3 as target. However if you take a buy trade in Newgen, then use 528.7 as stoploss and 564.04 as target.

23 Monday February Stock tips for Newgen Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 532.7 as stoploss in an intra day buy trade for a target of 569.29. However, stock will show a bearish move below 532.7.

20 Friday February Stock tips for Newgen Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Newgen 540900 gave a large move recently.

My analysis of Newgen is bearish for shortterm, and stock might move down till 534.2 or till 488. Use a stoploss of 572.61 and if the stock hits stoploss, then it can shoot up till 611.06

Newgen 540900 tips for tomorrow

Tomorrow's movement Prediction of Newgen 540900 appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 65

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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