Tadawul trade advice (B): Saudi Transportation stock | 10-12% gain | KSA stock trading picks on 22 Jan 2024

Stock Market

Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

SISCO HOLDING 2190

5 days
29 Feb 2024
29 Jan 2024
Loss per
100,000 SAR
5 days
-4,688
Stop-loss
29 Feb 2024
30.5
Buy Advice
29 Jan 2024
32 – 33
Target 1
35.5
Target 2
36
Profit per
100,000 SAR
-4,688
30.5
32 – 33
35.5
36
5 days
29 Feb 2024
29 Jan 2024
Loss per
100,000 SAR
5 days
-4,688
Stop-loss
29 Feb 2024
30.5
Buy Advice
29 Jan 2024
32 – 33
Target 1
35.5
Target 2
36
Profit per
100,000 SAR
-4,688
30.5
32 – 33
35.5
36
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Sustained Infrastructure Holding
  • 32 – 33
  • 35.5 – 36
  • Below 30.5
  • 11% - 12%
  • 14 - 15 Days
  • Buy Sustained Infrastructure Holding
  • Buy
    Range
    32 – 33
  • Target 35.5 – 36
  • Stoploss Below 30.5
  • Upside
    Potential
    11% - 12%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 2190 : Sustained Infrastructure Holding - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 2190
  • Sisco Holding
  • Transportation
  • 33.8
  • 21.14
  • Tadawul code 2190
  • Stock Name Sisco Holding
  • Sector Transportation
  • 52 Weeks High 33.8
  • 52 Weeks Low 21.14
  • Company profile

    The Sustained Infrastructure Holding is a Saudi Arab’s top static investor in ports, logistics, infrastructure and water solutions. This company also attempting to take part in planning and construction of Saudi Arabian kingdom’s future economy change. This organization offers logistical services for the petrochemical industry in addition to export, re-export, packaging and packaging for all goods.

  • Tadawul 2190 : Sustained Infrastructure Holding - Technical Analysis (Daily)

    Sustained Infrastructure Holding - Technical Analysis chart on Daily Price and Volume
    Sustained Infrastructure Holding - Technical Analysis chart on Daily Price and Volume

    • In the daily chart, we can see that the stock had been consolidating inside a Rectangle/Box pattern from June’22 to March’23.
    • After a breakout with a significant volume, stock started moving upwards. Forming a Diamond pattern the stock continues its upmove.
    • We have seen a huge selling pressure at around 30-31 price level that the stock couldn’t manage to break it. With a Double top pattern the price came down at 23.
    • But in Nov’23 the stock has changed its trend by making ‘Higher Highs and Lows’ with a huge trading volume.
    • A bullish ‘Pole and Flag’ pattern has formed and with a fresh breakout at 30-31 level, the stock is sustaining over it. This shows the stock is in a mood to move upside.
  • Conclusion - Tadawul 2190 : Sustained Infrastructure Holding Stock Price Forecast

    Based on our Saudi trading advice, Sustained Infrastructure Holding stock price target will be SAR 35.5 - SAR 36 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    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.

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