Saudi Prime Trading Advice (A) | 08-Jul-2024 | Expected Gain 11%-13%
About This Trade
● the stock belongs to Consumer Durables & Apparel sector
● expected profit 11% – 13% in 14-15 Trading Days
● average return 13,000 SAR per 100,000 SAR investment
🔒 This is a Prime Trading Advice for premium subscribers only.
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.
Leverage our knowledge to trade with confidence. Expert Advice for short to medium term trading with specific target and strict stoploss.
Prime Trading Advice