Saudi Prime Trading Advice (A) | 04-Nov-2024 | Expected Gain 6%-7%


About This Trade
โ—  the stock belongs to Food & Beverages sector
โ—  expected profit 6% – 7% in 14-15 Trading Days
โ—  average return 7,000 SAR per 100,000 SAR investment

๐Ÿ”’ This is a Prime Trading Advice for premium subscribers only.

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Expert Trade Ideas for Saudi Stocks
โœ“ย  top 10-12 trading advice/month
โœ“ย  trade holding period 1-2 weeks
โœ“ย  average profit 5-10% per trade
โœ“ย  high win rate, gain mega profit
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MONEY MANAGEMENT AND TRADING RULES

1)ย  Itโ€™s advisable to enter/exit in the recommended range.
2)ย  Strictly follow the StopLoss as mentioned. Honour it.
3) ย Use trailing StopLoss to retain profits.
4)ย  Diversify trading capital into our other trading recommendations.
5)ย  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 ofย 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 aย Certified Financial Technician (CFTe)ย 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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