Diwali Pick-3 : TejasnetDiwali Pick-3 :: TejasNet
Channel Breakout Possibility
Looks great above 1375 with support at 1320 and 1230
Breaking 1480 will open up Higher avenues for this
TEJASNET trade ideas
Turning Bullish: Tejas NetworksTejas Networks has been trading in a box range between 1345.00 and 1190.00 Since Aug 2024.
It gave a strong breakout yesterday with good volume.
Support levels: 1265, 1104, 1000
Resistance Levels; 1400, 1470
Tejas Network ready for breakout ?????? around 1320-1340 levelsA long trade can be initiated in Tejas network around 1320-1300 levels for target of 1450+++ 1534++++ 1680+++ 1775++++ and so on with strict sl around 1220-1240 levels A very strong counter in telecom sector.
2000 levels on tejas network ????????A long trade can be initiated in tejas network around 1150-1180 levels even added around 1100 levels with sl around 1050-1003 levels for target of 1360+++ 1457+++ 1700+++ final target of 2000 within a year ..
SOBSector is weak, can sell this share till it cross ₹1230
Disclaimer: Educational Purpose only. consult your adviser.
Tejas Net - Expecting Big MoveResults Better than expected
After big wave we had a small pullback
Delivery volumes on the rise
Expecting some big move in coming days
1050 can act as strong support
Tejas Networks - New Govt Orderswith the BSNL tenders soon to be opened and orders to be given out in the next few months..
Tejas could be a beneficiary..
Long above 1300 with a stoploss below 1180. The stop is a little deep so i'd keep the allocation at 5%.
Tejas networks-Technically strong setup!Tejas networks is a loss making multibagger company which has been consolidating since few months.
If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock.
The stock is a multibagger stock which can repeat its performance if market is bullish.
Only Risky traders should keep this in watchlist
Tejas Networks Has a GAPCompany into telecom business and this sector is going to do well in 2nd half of 2024.
Regardless of that stock has big gap which is expected to NOT to get filled.
IMPORTANT NO BLIND BUYS
Looking for consolidation pullbacks for entry opportunities near 0.382 or 0.618 Fibonacci. Entry criteria near these will be to sustenance above 13EMA and breaking 2-3 candle high with max 6-7% stop from low.
No targets as such will trail to breakeven on significant move and part book on loss of strength. Full exit criteria will be on close below 13ema on weekly chart provided having big profit cushion.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgment while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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Box pattern breakoutGood volume buildup in daily and weekly timeframe.
Price has given breakout of rectangle pattern with good volume.
Wait for price to retest for conformation.
NOTE: I do my analysis, do yours before trade.
Buy Tejas Networks Short Term Trading Advice by Goodluck Capital
Buy Tejas Networks
Buy Range- 1125 - 1150
Target- 1250 - 1270
StopLoss- below 1055
Potential Return- 10-12%
Approx trade duration 12 - 14 days
Tejas Networks - Breakout Setup, Move is ON...#TEJASNET trading above Resistance of 1188
Next Resistance is at 1632
Support is at 745
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tejas Networks - Long Setup, Move is ON...#TEJASNET trading above Resistance of 745
Next Resistance is at 1188
Support is at 472
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TEJASNET | SWING BUYAnalysis: Tejasnet shows uptrend potential. Can expect quick momentum
Entry: Consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
Tejas Network, the iPhone maker in IndiaThere is no introduction needed for this script. The very long run is due and recent low can act as an immediate support. Rising channel with blockbuster volume is significant for upmove. RSI crossover on weekly TF also indicating to move towards ATH.
CMP : 811
Taregt 940/1040/1260++
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Tejas Networks - Post result tradeThis one would rank quite high on the risk scale.
Amazing result and great order visibility.
There is a price earning gapup..there was a good breakout along with that gap as well.
The stock is in peak momentum
Ideally would like first entry to be at 1000 with SL of 925 for that trade.
If I don't get it there then above 1090 but then the SL would be sub 990. (Wedge breakout)
5% allocation to start with and double up quickly into a new high.
Tejas Network Ltd Analysis on 07 Mar 24Tejas Network Ltd Analysis on 07 Mar 24
Higher low higher high formation
Add some quantity now
Try to buy near 700
Stoploss 630
Target 800 - 900
Higher high Target 1000
TEJASNET - Bullish Consolidation with VolumesNSE: TEJASNET is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Bullish Pennant 📌 Bullish Pennant
✅ Keep an Eye
TEJASNET
- Continuation Setup
- Volume contraction
- Above Key EMAs
- Bullish RSI
