- NaranJ2024
AlSaif Stores for Development Company is a Saudi Arabian company primarily engaged in the development and management of commercial properties, particularly shopping centers and retail spaces. It operates under the umbrella of the AlSaif Group, a diversified conglomerate with interests in various sectors including real estate, construction, hospitality, and retail. The company focuses on creating modern and attractive retail destinations that cater to the needs of consumers and businesses alike. By developing innovative and sustainable properties, the company aims to contribute to the growth and development of the retail sector in Saudi Arabia and beyond. The company was founded in 1993 and is headquartered in Al Taawun, Saudi Arabia.
ALSAIF GALLERY — TASI —
Current RSI of this stock is 63.31, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our swing trading advice for Saudi Tadawul, AlSaif Stores for Development and Investment stock price target will be SAR 12.5 - SAR 12.7 in the next 08-10 trading sessions.
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.
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