Twitter Facebook-f Linkedin-in Instagram

Prime Trading Advice (A) | Expected Gain 9-11% | Naranj Capital

SHORT TERM TRADING ADVICE IN SAUDI ARABIA

 BUY   Saudi Ground Services (TADAWUL: 4031)

Tadawul 4031 : Saudi Ground Services - STOCK RECOMMENDATION

Idea BUY
Buy Range 53 – 55
Target 60 – 61
StopLoss* below 48.5
Duration 8-10 Trading Days
Potential Returns 9 – 11%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 53 – 55 60 – 61 below 48.5 8-10 Trading Days 9 – 11%

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

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

 Tradingview position update
 Stock advice on social media

Tadawul 4031 : Saudi Ground Services - STOCK OVERVIEW

Saudi Ground Services Company is headquartered in Jeddah, Saudi Arabia. The company is involved in offering ground handling services at 28 commercial airports in Saudi Arabia. Their primary goal is to ensure a seamless travel experience for both domestic and international travelers. The company’s operations encompass various services such as baggage handling, ticketing and boarding assistance, passenger support, ramp services, cargo loading and unloading, fleet services, and traffic control.

Stock Data
TADAWUL Code 4031
Sectoral Index Transportation
52 Weeks High 57
52 Weeks Low 51

Tadawul 4031 : Saudi Ground Services - RELATIVE STRENGTH

Tadawul 4031-Saudi Ground Services-Relative Strength

Relative Performance - Last 1 Year

Saudi Ground Services โ€”     TASI โ€”

Tadawul 4031 : Saudi Ground Services - TECHNICAL ANALYSIS (DAILY)

Tadawul 4031-Saudi Ground Services-Daily Technical Analysis
Tadawul 4031- Saudi Ground Services- Technical Analysis (Daily)

  • Previously the price was in an uptrend.

  • From around 39 level, price took a rejection and fell down straight at 26 level.

  • After a sharp downfall, price started moving slowly upwards and making Higher Highs and Lows.

  • Through this entire consolidation phase, price has formed a Rounding Bottom pattern.

  • Volume was completely dried out during this phase.

  • After the breakout, price has consolidated above the breakout zone.

  • After a huge gap up opening, price sustained above the level and last dayโ€™s candle shows the strength of the buyers.

  • With the increasing volume, we can expect further upmove from current level.

Tadawul 4031 : Saudi Ground Services - ADX & DI

Tadawul 4031-Saudi Ground Services-ADX & DI
Tadawul 4031- Saudi Ground Services- ADX & DI

Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

Tadawul 4031 : Saudi Ground Services - MACD

Tadawul 4031-Saudi Ground Services-MACD
Tadawul 4031- Saudi Ground Services- MACD

MACD line has crossed the signal line from the below, generates bullish signal.

Tadawul 4031 : Saudi Ground Services - RSI

Tadawul 4031-Saudi Ground Services-RSI
Tadawul 4031- Saudi Ground Services- RSI

Current RSI of the stock is 84.62, shows the momentum is with the buyers.

CONCLUSION - Tadawul 4031 : Saudi Ground Services STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, Saudi Ground Services stock price target will be SAR 60 – SAR 61 in the next 8-10 trading sessions.

Tadawul 4031: Saudi Ground Services - TRADINGVIEW POSITION UPDATE

ุงุดุชุฑ ุงู„ุฎุฏู…ุงุช ุงู„ุฃุฑุถูŠุฉ by NaranjCapital on TradingView.com

Follow Tadawul 4031: Saudi Ground Services TRADING ADVICE On Social Media

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.

Enjoy this recommendation?
Share with your friends

Your return could be more

PROFITABLE!

access our premium recommendations

๐Ÿ‡ธ๐Ÿ‡ฆ  Prime Trading Advice

for Saudi Arabia Stock Market Tadawul

Leverage our knowledge to trade with confidence. Expert Advice for short to medium term trading with specific target and strict stoploss.

  • top 9-10 trading advice / month
  • trade holding period 1-2 weeks
  • average profit 5%-10% per trade
  • short term quick gain trading
  • high accuracy, massive profit
  • saudi tadawul indices forecast

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 
Subscribe NOW

Email Newsletter

Get Free Saudi Stock Trading Advice

We respect your privacy.

You cannot copy content of this page

× Chat With Us