Twitter Facebook-f Linkedin-in Instagram

Prime Trading Advice (B) | Expected Gain 10 – 12% | Naranj Capital

SHORT TERM TRADING ADVICE IN SAUDI ARABIA

 BUY   Alkhaleej Training and Education (TADAWUL: 4290)

Alkhaleej Training and Education - STOCK RECOMMENDATION

Idea BUY
Buy Range 23.25 – 23.8
Target 25.5 – 26
StopLoss* below 22.5
Duration 10 – 12 Trading Days
Potential Returns 10 – 12%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 23.25 – 23.8 25.5 – 26 below 22.5 10 – 12 Trading Days 10 – 12%

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

Alkhaleej Training and Education - COMPANY OVERVIEW

Al Khaleej Training and Education serves in the field of training and education for IT, English, management, establishment and management of schools and the operation and maintenance of computer software from the installation of networks and infrastructure and communication systems, call centers, technical support and operation of public utilities. The headquarter is in Riyadh, Saudi Arabia.ย 

Alkhaleej Training and Education - STOCK INFORMATION

Stock Data
TADAWUL Code 4290
Sectoral Index Consumer Services
52 Weeks High 24.42
52 Weeks Low 13
Relative Performance - 4290 vs TASI
Relative Performance - Alkhaleej Training and Education vs TASI

Alkhaleej Training and Education - TECHNICAL ANALYSIS (WEEKLY)

Arab Sea Information - Technical Analysis (Weekly)
  • Looking at theย Tata Motors historical share price, the stock had seen a spectacular rally from the bottom of around 11.5 (May 2001) and hit a fresh high of about 199.5 (May 2006).
  • Share price of Tata Motorsย has slipped into sharp decline afterwards, had broken all the support during the 2008 financial crisis and moved near 25.
  • The stock was recovered afterwards sharply and witnessed a strong rally during 2009-2015, rallying from โ‚น25 to lifetime high of โ‚น612.4. A whopping 2350% gain in just seven years.
  • Since it’s lifetime high of โ‚น612.4 registered during February 2015,ย TATAMOTORS share priceย has been in a declining trend.
  • After a consistent downtrend in the last five years, the stock price had taken the support on the Ultimate baseline, which corresponds to earlier lows, thereby making it strong support.
  • As seen in theย Tata Motors share price history, the primary trend is positive since 2001. There is a steady support baseline which is moving upwards along with price rise.
  • Overall Tata Motors trend and the broader pattern are bullish, and recent closing above the Primary Trend had given us the opportunity to enter the stock (Inset view).
  • Tata Motors share targetย will be double or more in the next two years.

Alkhaleej Training and Education - TECHNICAL ANALYSIS (DAILY)

Arab Sea Information - Technical Analysis (Daily)
  • As seen in theย Tata Motors chart analysis,ย the OBV is trading above the 15 days MA of it’s on balance volume. Buying pressure is visible as the positive volume exceeds negative volume, and the OBV line rising upwards.
  • The OBV measures the volume change with price to identify the smart money are buying and selling the positions in the stock. This suggests you should invest in Tata Motors at dips and build long positions with institutional investors.

CONCLUSION - Alkhaleej Training and Education STOCK PRICE FORECAST

Based on our swing stock trading advice in Saudi Arabia, Alkhaleej Training and Education share price target will be 25.5 – 26 in the next 10-12 trading sessions.

Alkhaleej Training and Education - TRADINGVIEW POSITION UPDATE

ุงุดุชุฑ ุงู„ุฎู„ูŠุฌ ู„ู„ุชุฏุฑูŠุจ by NaranjCapital on TradingView.com

ุงุดุชุฑ ุงู„ุฎู„ูŠุฌ ู„ู„ุชุฏุฑูŠุจ by NaranjCapital on TradingView.com

Alkhaleej Training and Education 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