- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
The mood in the Saudi market has shifted.
After seven straight weeks of gains, the Tadawul All Share Index finally cracked, falling 3.85% last week to close at 11,109.
And this wasn’t just a normal dip.
This was a warning sign.
For weeks, the market kept moving up without any real pause.
That kind of rally often looks strong…
but underneath, it becomes fragile.
Last week confirmed that weakness.
The index faced resistance at the upper boundary of the falling channel.
In simple terms, the trend just lost control.
This is the kind of phase where Saudi Arabia stock trading advice becomes important, because the market may look strong but hidden risks remain.
Right now, the market is under pressure.
It has faced resistance from the upper boundary of the falling channel and is now starting to trend lower toward the 10,500 - 10,400 zone.
If selling pressure increases, the index may move further down toward the 10,100 - 10,000 region, where the lower boundary lies.
But here’s the key point:
Markets don’t fall in a straight line.
There can be small bounces… but the overall tone has changed.
Because this is no longer a “buy the rally” phase.
This is a “protect your capital” phase.
The behaviour of the market in the next few sessions will decide:
This is where discipline matters more than excitement.
Chasing fresh buying right now could be risky.
Waiting for stability…
waiting for confirmation…
That’s where the edge is.
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
