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The Tadawul All Share Index extended its winning streak for the second consecutive week, gaining nearly 3% to close at 11,133.
The decisive breakout above the psychological 11,000 mark signals strong buyer participation and a clear shift in overall market sentiment. This move has strengthened confidence and opened the door for further upside.
What’s Next?
If this bullish momentum continues, the index could advance toward the 11,700–11,800 zone in the coming sessions.
Key Levels to Watch
Trading Strategy
With broader market sentiment turning positive, traders may consider a buy-on-dips approach as long as the index holds above 11,000.
Momentum is on the bulls’ side — patience and disciplined entries could be key in the days ahead.
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
