📊 Newgen Software Technologies Ltd – Bullish Setup
Stock is holding above key support with renewed buying interest and positive momentum.
🔎 Technical View:
• Consolidation near ₹540–₹570 zone
• Bullish recovery from support
• Momentum indicators turning positive
• Sustained move above ₹570 may trigger upside
🔑 Key Levels:
• Support: ₹540–₹534
• Major Support: ₹497–₹484
• Resistance: ₹570–₹607
🎯 Upside Targets:
• ₹607
• ₹643+
⚠️ Risk: Break below ₹534 may weaken the setup.
📈 Trading View:
👉 Above ₹570, bullish momentum can strengthen toward ₹607–₹643.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊