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.
TEJASNET trade ideas
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
TEJASNET - Weekly AnalysisIn the Weekly Chart of TEJASNET ,
we can see that, it has given Cup & Handle Breakout.
Let it retest and then Enter with SL and Target as per your Risk Ratio.
Tejas Networks will make you richA clear rounding bottom formation and breaking last 2 years highs. Q3 results were excellent ( from Dec 2019 net loss of -112 cr, dec 2020 has shown 9cr profit ). Govt shift towards make in India and a clear NO to chinese Telecom equipment going forward. Expect the order book to grow immensely.
Stock has already given a big big run up. So expect corrections. 147 is the level for the investors to exit. Else keep adding on Dips.. and plz don't rush to buy .. it will give enough chances to correct.
S1 and S2 mentioned on chart should be followed for trading / Swing trading.
Disclaimer:- I have booked over 1 lakh profit in cash already. Entered again on correction.
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.
Symmetrical TriangleTEJASNET
- Symmetrical Triangle formation
- Took support at Fibo 62% after a correction
- Trading Above All major EMAs
- Bullish RSI
- Good accumulation during base formation
TEJAS NETWORK--BULLISH~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Tejas Networks attempting a breakoutTejas looks solid at these levels if the breakout sustains. Buy only above the line (clearly marked). That line will then act as a stop loss (or support levels) and one can ride it for new all time high levels in my opinion. Looks strong.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in TEJASNET
BUY TODAY SELL TOMORROW for 5%
Tejasnet Looking bullish Tejasnet given breakout in Daily time frame
Entry exit and sl drawn in chart
Its my personal view
