NEWGEN - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 3.8

💹 Optimal Buy Price: ₹960–₹965 (near short-term support and below current price)

🎯 Profit Target: ₹990–₹1,005 (resistance zone near 200 DMA)

🛡️ Stop Loss: ₹945 (below 50 DMA and psychological support)

📊 Exit Strategy if Already Holding: Consider exiting near ₹1,000 if RSI approaches 65 and MACD flattens. Watch for price rejection near ₹1,005 and volume divergence.

✅ Positive

• 📈 ROCE of 27.8% and ROE of 22.4% reflect strong operational efficiency
• 📊 RSI at 62.1 and MACD at 25.0 indicate bullish momentum
• 📉 Debt-to-equity ratio of 0.03 shows minimal leverage
• 📈 EPS of ₹22.0 and P/E of 44.5 suggest growth potential
• 📈 PAT improved to ₹76.7 Cr from ₹48.7 Cr, showing strong earnings growth

⚠️ Limitation

• 📉 Volume today (4.6L) is significantly below 1-week average (34.8L)
• 📉 Stock trading below 200 DMA (₹1,002), showing long-term technical pressure
• 📉 PEG ratio of 1.96 suggests expensive growth valuation
• 📉 FII holding declined by 1.52%, indicating reduced foreign investor interest

🚫 Company Negative News

• 📉 No major negative news reported recently

📢 Company Positive News

• 📈 Quarterly profit growth of 16.4% signals operational improvement
• 📊 Price action near 52-week low (21.9% index) may attract value interest

🏭 Industry

• 💻 NEWGEN operates in enterprise software and digital transformation, benefiting from rising tech adoption
• 📈 Industry P/E of 29.7 supports long-term valuation potential

🧾 Conclusion

📌 NEWGEN presents a moderately favorable intraday setup today with bullish momentum and strong fundamentals, but low volume and long-term resistance limit conviction. Traders may consider entering near ₹962 with a target of ₹1,000 and stop loss at ₹945. If already holding, monitor RSI and MACD for exit signals near resistance.

I can also help you compare NEWGEN’s setup with other mid-cap tech stocks like Intellect Design or Ramco Systems for sharper intraday opportunities.