TEJASNET trade ideas
Tejas Networks.. Can give a breakout for 15-20% .. Strong business..If 5G rolls out this is the stock to go to. Can give a breakout for 15-20% if resist the retesting level of trendline...
TEJAS NETWORKA beautiful cup & handle pattern is going to be made in TEJAS NETWORK
If it takes a weekly break out then my targets are near 400
Note that this analysis is only for educational purposes, feel free to share your review on my analysis
TEJASNET: 2Yr Resistance BO + Weekly volumes building up Trendlines are targets are marked. Tejas Net has broken weekly resistance. For this movement, as you can see volumes have been building up since long. This could potentially be for long term swing/investing.
Tejas Networks - BreakoutA stock in peak momentum which has a future company investing into 5g technologies. Recently a marquee investor Vijay Kedia has been picking big quantities from lower levels. This company has been putting a lot of its money back into R&D and should be ready for future business.
Technically the stock was in momentum and now went thru 8 weeks of consolidation and has broken out again, if we get follow thru on monday i expect this to be one of the best performing stocks of the week. A very similar pattern can be observed in IndiaMart which also consolidated for 8 weeks and again took off..I am hoping this one does something similar now.
Long at CMP with SL below 154.
Disc: I have a holding in this company and hence might be biased.
Tejas Network 5G StoryTejas Networks good Telecommunications Product company and part of India 5G Story. Accumulation on, take informed decision before you take position.
TEJASNETStock is in strong uptrend and consolidating since 22 days on low volume. It cab be bought at 137.50 with SL of 129.20
Swing Trade Idea #213 : Long on TEJASNET This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Tejas NetworksHeavy accumulation for the past 3 months. Possible change in long term downward trend.
Tejas Network#tejasnet looks like accumulation going on.. will be tracking this closely for a BO trade.. A Century Candidate..
Tejas networkA double bottom formation is possible if the stock comes down to 31 level. Huge breakout is possible if it happens.
TEJAS NETWORKS LTD : NSE TEJASNET Long TEJAS NETWORKS LTD : NSE TEJASNET Long
Only if sustains Above 162 : buy @163
Target : 178 , 185
