NEWGENExpecting short fall if breaks latest channel.
If market take support from channel it will boost to increase buying pressure.
16.15INR
1.76 BINR
9.74 BINR
22.51 M
About NEWGEN SOFTWARE
Sector
Industry
CEO
Virender Jeet
Website
Headquarters
New Delhi
Employees (FY)
2.78 K
Founded
1992
ISIN
INE619B01017
FIGI
BBG00JPWB5B4
Newgen Software Technologies Ltd. engages in the provision of software development products. The firm offers services relating to enterprise content management, business process management, and customer communication management. It operates through the following geographical segments: India, Europe, Middle East and Africa, Asia Pacific, United States of America and Australia. The company was founded by Diwakar Nigam and T.S. Varadarajan in 1992 and is headquartered in New Delhi, India.
Newgen Software NSE:NEWGEN
Support 800
Sl 785
Target 829/850/868
Rsi 55
Shortm MA showing strength
Formed Hammer on last trading day
Volume is also showing strength
NEWGEN - Good setupBroke out today worth heavy volumes. Can be a rewarding trade. Big Targets. Keep tracking.
PS: For educational purpose only. Long Term target can be 40-50% from here.
NewgenBreakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volat
Newgen Software fresh breakout NEWGEN SOFTWARE
Fresh Breakout
Buy for positional. Buy Above 1061
Or wait for level of 1000 can enter
Target for 1200
Stop loss 800
NEWGENLooks good for upmove
Building up the strength
Volume increasing with every price move.
Only for educational purpose.
Not a trade recommendation.
BUY NEWGEN SOFTWAREBuy Newgen Software target of Rs 460 to 465. Result was good i mean result was quite mixed and its looking good also on chart so might be we can see some upside from these levels keep stop loss at 386. And hold
Flag and traingle pattern 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%
Please consider these ideas for educational purpose
Resistance BreakoutPlease 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
See all ideas
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Frequently Asked Questions
The current price of NEWGEN is 742.45 INR — it has increased by 0.64% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange NEWGEN SOFTWARE stocks are traded under the ticker NEWGEN.
NEWGEN SOFTWARE is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
NEWGEN stock is 2.75% volatile and has beta coefficient of 0.29. Check out the list of the most volatile stocks — is NEWGEN SOFTWARE there?
One year price forecast for NEWGEN SOFTWARE has a max estimate of 1070.00 INR and a min estimate of 858.00 INR.
NEWGEN earnings for the last quarter are 3.40 INR whereas the estimation was 3.38 INR which accounts for 0.49% surprise. Estimated earnings for the next quarter are 4.63 INR. See more details about NEWGEN SOFTWARE earnings.
NEWGEN SOFTWARE revenue for the last quarter amounts to 2.93 B INR despite the estimated figure of 2.93 B INR. In the next quarter revenue is expected to reach 3.31 B INR.
Yes, you can track NEWGEN SOFTWARE financials in yearly and quarterly reports right on TradingView.
NEWGEN stock has fallen by 8.80% compared to the previous week, the month change is a 3.84% rise, over the last year NEWGEN SOFTWARE has showed a 220.75% increase.
NEWGEN net income for the last quarter is 683.50 M INR, while the quarter before that showed 477.86 M INR of net income which accounts for 43.03% change. Track more NEWGEN SOFTWARE financial stats to get the full picture.
Today NEWGEN SOFTWARE has the market capitalization of 103.50 B, it has increased by 2.88% over the last week.
Yes, NEWGEN dividends are paid annually. The last dividend per share was 5.00 INR. As of today, Dividend Yield (TTM)% is 0.34%. Tracking NEWGEN SOFTWARE dividends might help you take more informed decisions.
NEWGEN SOFTWARE dividend yield was 1.11% in 2022, and payout ratio reached 19.75%. The year before the numbers were 0.97% and 19.02% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, NEWGEN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEWGEN SOFTWARE stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 2.78 K employees. See our rating of the largest employees — is NEWGEN SOFTWARE on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEWGEN SOFTWARE technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEWGEN SOFTWARE stock shows the buy signal. See more of NEWGEN SOFTWARE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on NEWGEN SOFTWARE future price: according to them, NEWGEN price has a max estimate of 1070.00 INR and a min estimate of 858.00 INR. Read a more detailed NEWGEN SOFTWARE forecast: see what analysts think of NEWGEN SOFTWARE and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWGEN SOFTWARE EBITDA is 2.63 B INR, and current EBITDA margin is 22.40%. See more stats in NEWGEN SOFTWARE financial statements.