Munafa Newgen Software Tech Ltd (NEWGEN_BE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Newgen Software Tech Ltd (NEWGEN_BE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Newgen Software Tech Ltd intraday tips for today and tomorrow
Newgen Software Tech Ltd (NEWGEN_BE) Indicator analysis
Recent prices of NEWGEN_BE Newgen Software Tech Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Fri Feb 2024 | 797.05 | 767.00 to 806.50 | -1.17% | 0.72 times |
| 08 Thu Feb 2024 | 806.50 | 790.00 to 836.00 | -1.85% | 0.87 times |
| 07 Wed Feb 2024 | 821.70 | 819.95 to 857.00 | -2.37% | 0.47 times |
| 06 Tue Feb 2024 | 841.65 | 790.05 to 849.00 | 4.07% | 1.42 times |
| 05 Mon Feb 2024 | 808.70 | 802.00 to 850.00 | -4.19% | 0.94 times |
| 02 Fri Feb 2024 | 844.10 | 835.00 to 867.00 | -2.26% | 0.55 times |
| 01 Thu Feb 2024 | 863.60 | 844.00 to 878.95 | 1.62% | 1.12 times |
| 31 Wed Jan 2024 | 849.80 | 819.00 to 850.00 | 0.73% | 0.88 times |
| 30 Tue Jan 2024 | 843.65 | 835.00 to 860.00 | -0.1% | 0.39 times |
| 29 Mon Jan 2024 | 844.50 | 831.00 to 869.90 | -1.87% | 1.01 times |
| 25 Thu Jan 2024 | 860.55 | 832.00 to 865.00 | 3.87% | 2.34 times |
| 24 Wed Jan 2024 | 828.50 | 785.10 to 833.00 | 1.69% | 1.1 times |
Newgen Software Tech Ltd stock tips (delivery Volume analysis)
Total 5 day volume for Newgen Software Tech Ltd is 797525, out of which 797525 went into delivery, which is 100 percent of total volumes
Volumes in the last session was 129999, out of which 129999 went into delivery, which is 100 percent of total volumes.
Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.
Newgen Software NEWGEN_BE intraday stock tips
09 Friday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
Although my analysis for Newgen Software is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 870.5, for a target of 899.7 or 924.07
08 Thursday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 779.7 as stoploss in an intra day buy trade for a target of 937.43. However, stock will show a bearish move below 779.7.
07 Wednesday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 738.1 as stoploss in an intra day buy trade for a target of 951.21. However, stock will show a bearish move below 738.1.
06 Tuesday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, and stock might move down till 709.2 or till 402.4. Use a stoploss of 964.84 and if the stock hits stoploss, then it can shoot up till 1220.48
05 Monday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 687.5 as stoploss in an intra day buy trade for a target of 977.8. However, stock will show a bearish move below 687.5.
02 Friday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, and stock might move down till 679.6 or till 300.5. Use a stoploss of 995.59 and if the stock hits stoploss, then it can shoot up till 1311.54
01 Thursday February Stock tips for Newgen Software 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 Software NEWGEN_BE gave a large move recently.
My analysis of Newgen Software is bearish for shortterm, and stock might move down till 674.7 or till 270.5. Use a stoploss of 1011.53 and if the stock hits stoploss, then it can shoot up till 1348.37
Newgen Software NEWGEN_BE tips for tomorrow
Tomorrow's movement Prediction of Newgen Software NEWGEN_BE appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.
Tomorrow's movement Prediction of Newgen Software NEWGEN_BE is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 801.58
Munafa value: 44
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.


