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Tejasnetwork

Tejas Networks: Bullish Reversal at Key Support, Targeting 1,450Trading Idea: Stock: Tejas Networks Ltd (TEJASNET) Timeframe: Daily (1D) Current Price: 704.95 INR Key Levels: Monthly Liquidity Zone: Support at around 644.65 INR. Target Zone: Potential upside towards 1,440.00 INR to 1,458.95 INR. Trade Setup: Entry: Buy around 644.65 INR (near the support level) for a possible bounce, especially if the price confirms a reversal from this level. Stop Loss: Place a stop just below 644.65 INR, considering it’s a key support zone. Target: Aim for the price to reach the target zone between 1,440 INR to 1,458.95 INR. Watch for price action at these levels for possible further action. Reasoning: The chart shows a strong sell-off followed by a potential reversal at monthly liquidity support. The CHoCH (Change of Character) pattern suggests a shift in trend direction, which could provide an opportunity for an upward move.
NSE:TEJASNETLong
by OptimaltradeX
Tejas Networks Ltd: Looks good for a tradeTejas Networks Ltd. looks good for a short/medium term trade basis price action. Good support along the trendline and weekly closing above the 40MA. Price might see some tightness in the range between 640-679. Wait for price to close above 679. However, can see good momentum above 680 with initial target of 716. Based on further price action will need to evaluate price range. 570 can act as a good support zone. Note: Not a buy/sell recommendation. Do consult your investment advisor.
NSE:TEJASNETLong
by TheUnlearningOne
TEJASNET - Ichimoku Bullish Breakout Stock Name - Tejas Networks Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 744 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:TEJASNETLong
by nikunjbhadja
Tejas Networks - Breakout after long consolidation Tejas Networks made a post crash weekly closing high of 218.7 in the week ended 15th February 2021. Since then, the stock has been trading in a tight range between 160-200. The stock finally broke out of its range this week with a weekly close above 200 - the highest weekly close in 4+ months. One can buy Tejas Networks at cmp and add when it gives a weekly close above 220. Target: Hold with medium to long term price targets of 250-285-374. All of these are price levels from 2018-2019 Stop Loss: 177 WCB.
NSE:TEJASNETLong
by drupadk