NEWGEN Share Price Target For Tomorrow, Next Week & Next Month
Newgen Software Technologies Limited | |||
 | Price: ₹1,585.35 | ||
| 52 Week Low: ₹676.05 52 Week High: ₹1,629.00 | |||
| Market Capital: 17,282.01 Crore (Midcap) | |||
| Technology -> Software—Application | |||
Show Table of Contents
NEWGEN Recent Performance
Over the past 33 trading days, the value of NEWGEN's stock has gained ₹351.35 (+28.47%). On 23 Oct 2024, one share was worth ₹1234.00 and by 23 Dec 2024, the value jumped to ₹1585.35. During this period it created a highest high of ₹1629.00 and lowest low of ₹1031.00.
NEWGEN Share Price Target - Tomorrow
| Level | Value | Analysis |
|---|---|---|
| Tomorrow Target 3 | 1708.56 (+7.77%) | Price Action: Chart |
| Tomorrow Target 2 | 1676.7 (+5.76%) | Price Action: Chart |
| Tomorrow Target 1 | 1660.1 (+4.71%) | Price Action: Chart |
| Current Price | 1585.35 | NEWGEN's share price as of 23 Dec 2024 |
| Stop Loss 1 | 1487.87 (-6.15%) | Fibonacci Retracement Level 23.60% |
| Stop Loss 2 | 1470.75 (-7.23%) | Price Action: 18 Dec 2024 Low |
| Stop Loss 3 | 1443.3 (-8.97%) | Price Action: 09 Dec 2024 High |
Summary
23 Dec 2024: NEWGEN finished the day at ₹1585.35, gaining ₹11.30 (+0.72%) in 1 day.
Our analysis for tomorrow predicts a potential movement of -8.96% to 7.77% with:
- Target prices: ₹1660.1 to ₹1708.56
- Support levels: ₹1487.87 to ₹1443.3
- Recent high: ₹1612.50
- Recent low: ₹1571.10
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
NEWGEN Share Price Target - Next Week
| Level | Value | Analysis |
|---|---|---|
| Next Week Target 3 | 1685.27 (+6.3%) | Fibonacci Extension Level 123.60% |
| Next Week Target 2 | 1658.04 (+4.58%) | Price Action: Chart |
| Next Week Target 1 | 1641.62 (+3.54%) | Fibonacci Extension Level 23.60% |
| Current Price | 1585.35 | NEWGEN's share price as of 23 Dec 2024 |
| Stop Loss 1 | 1568.06 (-1.1%) | Price Action: Chart |
| Stop Loss 2 | 1548 (-2.36%) | Price Action: Sep 2024 High |
| Stop Loss 3 | 1528.9 (-3.57%) | Price Action: 19 Dec 2024 High |
Weekly Target Summary
For next week, our analysis suggests a potential movement range of -3.56% to 6.30% with:
- Upper targets: ₹1641.62 to ₹1685.27
- Support levels: ₹1568.06 to ₹1528.9
NEWGEN Share Price Target - Next Month
| Level | Value | Analysis |
|---|---|---|
| Next Month Target 3 | 1770.13 (+11.65%) | Fibonacci Extension Level 123.60% |
| Next Month Target 2 | 1743.74 (+9.99%) | Price Action: Chart |
| Next Month Target 1 | 1726.48 (+8.9%) | Fibonacci Extension Level 23.60% |
| Current Price | 1585.35 | NEWGEN's share price as of 23 Dec 2024 |
| Stop Loss 1 | 1548 (-2.36%) | Price Action: Sep 2024 High |
| Stop Loss 2 | 1528.9 (-3.57%) | Price Action: 19 Dec 2024 High |
| Stop Loss 3 | 1508.95 (-4.82%) | Price Action: 17 Dec 2024 High |
Monthly Target Summary
Looking ahead to next month, technical analysis indicates:
- Potential price movement: -4.82% to 11.66% with:
- Target range: ₹1726.48 to ₹1770.13
- Support levels: ₹1548 to ₹1508.95
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
