- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
After weeks of decline, the Tadawul All Share Index (TASI) has finally shown signs of strength, gaining over 4% in the past week. This upward momentum reflects growing investor confidence, driven largely by the recent ceasefire agreement between Israel and Iran, which has eased geopolitical tensions across the region.
Technically, the index appears to be entering a bullish phase, with momentum driving it toward the 11,500 level—a zone that could act as potential resistance based on price action.
Traders now can watch for buying opportunities on pullbacks, while investors may gradually re-enter through sector leaders and fundamentally strong stocks, with an eye on evolving geopolitical developments.
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
