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Buy ELM | Tadawul 7203 | Naranj Capital

SHORT TERM TRADING ADVICE IN SAUDI ARABIA

 BUY   Elm Co (TADAWUL: 7203)

Tadawul 7203 : Elm Co - STOCK RECOMMENDATION

Idea BUY
Buy Range 960 – 990
Target 1050 – 1060
StopLoss* below 930
Duration 14-15 Trading Days
Potential Returns 6% – 7%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 960 – 990 1050 – 1060 below 930 14-15 Trading Days 6% – 7%

* Once the first target hit, reset the StopLoss at your buying price.

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.

 Tradingview position update

Tadawul 7203 : Elm Co - STOCK OVERVIEW

Elm Company delivers off-the-shelf and personalized digital solutions in Saudi Arabia. It provides technical services, online portals, electronic applications, and associated support operations, along with comprehensive technology business solutions to clients across both public and private sectors. Additionally, the company offers business process outsourcing services and expert advisory services in data analysis and artificial intelligence. Originally known as Al-ELM Information Security Company, Elm Company is currently headquartered in Riyadh, Saudi Arabia.

Stock Data
TADAWUL Code 7203
Sectoral Index Softwares
52 Weeks High 1289
52 Weeks Low 796

Tadawul 7203 : Elm Co - RELATIVE STRENGTH

TADAWUL 7203 - ELM - RELATIVE STRENGTH

Relative Performance - Last 1 Year

ELM —     TASI —

Tadawul 7203 : Elm Co - TECHNICAL ANALYSIS (DAILY)

Tadawul 7203 : Elm Co - Technical Analysis (Daily)
  • The price is currently navigating within an upward parallel channel.
  • At present, it is finding support at the trendline, and a rebound is anticipated shortly.

Tadawul 7203 : Elm Co - RSI

Tadawul 7203 : Elm Co - RSI
  • The RSI line is crossing the oversold line from the below, generates bullish signal. The current RSI of the stock is 35.22.

Tadawul 7203 : Elm Co - STOCHASTIC

TADAWUL 7203 - ELM - STOCHASTIC
Tadawul 7203 : Elm Co - RSI
  • The K (Blue) line is crossing the D (Orange) line from the below, generates bullish signal.

CONCLUSION - Tadawul 7203 : Elm Co STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, Elm Co stock price target will be SAR 1050 – SAR 1060 in the next 14-15 trading sessions.

Tadawul 1010: Riyad Bank - TRADINGVIEW POSITION UPDATE

اشتر شركة علم by NaranjCapital on TradingView.com

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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Pricing

Pricing (in SAR)

  • 15 advice         SAR 1500               --             SAR 1500
  • 45 advice         SAR 4500        20% OFF       SAR 3600
  • 90 advice         SAR 9000        33% OFF       SAR 6000
  • 180 advice     SAR 18000       50% OFF       SAR 9000
  • 15 advice                            SAR 1500
            --        
  • 45 advice      SAR 4500     SAR 3600
     20% OFF 
  • 90 advice      SAR 9000     SAR 5850
     35% OFF 
  • 180 advice   SAR 18000   SAR 9000
     50% OFF 
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