Qatar Continues Bull Run: Rising 30 Days in a Row

    • GNRI experienced a significant correction previously.
    • After finding support around 9,320, GNRI began to rise.
    • The index consolidated for some time and created a Head & Shoulder pattern.
    • Once the pattern broke, GNRI entered a downtrend, reaching the support area near 9,300.
    • A hammer candle formed at the support, signaling bullish sentiment.
    • Subsequently, the index started to climb and broke through the resistance level.
    • The next potential resistance levels are at 10,500 and 10,830.
  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for Saudi Stock Market Update

    Recent Articles

    Join Our Telegram Channel for USA Stock Analysis Update

    Join Our Telegram Channel

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website