- Arijit Banerjee
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Founded in 1976, Saudi Real Estate Company operates as a real estate development company. Its services includes acquisition and development of land and establishment of residential and commercial buildings and selling, leasing and property management for the company and others. The company also deals in production, sales, purchase and rent of the construction of the materials.
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.
In chart we see the shorter-term moving average crossed above the longer-term moving average which gives a bullish signal. This is known as a “Golden Cross” and is considered a potential indication of a new uptrend.
Based on our stock selection for KSA Tadawul, Saudi Real Estate Company stock price target will be SAR 20.5 - SAR 21 in the next 14-15 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.
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
