TEJASNET trade ideas
Cup and Handle Formation in Tejas NetworksA Cup and Handle formation is seen in Tejas Networks weekly chart. Price has to however cross 220 levels and give a breakout. If a breakout is seen from these levels then we safely take a long position.
Can I achiev my target ??I have taken this trade by risking more than half of my capital. Looking at my trading strategy, how do you think I will be able to achieve my target?
Tejas Network long 1hr *For educational purpose only it's not a call do your own analysis.
Stock is at support level buy for target of 376.
Tejas Network long*For educational purpose only. This isn't a call. It is looking good for trading.
First Learn then earn.
Thanks!
#Breakouttrades
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.
99% returns in few weeks. Tejas is rocket.. Upper circut regular. And got hit Bhot Targets very fast... 100% returns achieved.. Still on upper circuts #TARGETHIT
Whats you view.. Does it go more further??
TEJASNETTEJASNET: Looking Good
3 Years High & Bullish Breakout Sustaining Closing/Above 322
Rounding Bottom Breakout Sustaining Above/Closing 318.45
Buy Above/CMP 296.90
TEJAS NETWORK CUP AND HANDLE PATTERN MAY GIVE 10-25% RETURN As we see cup and handle pattern in TEJAS NETWORK ,we can expect price to move towards 220 a minor hurdle to 250 major hurdle. A return of 10 -25% with in 3-6 month
Pennant Breakout | TEJAS NETWORKS 🌐TEJASNET daily: Looks good for more upside at CMP
1) Pennant Pattern BO
2) Optical and data networking products company
A pennant is a type of continuation pattern formed when there is a large movement in a security, followed by a consolidation period followed by a breakout movement in the same direction as the initial large movement.
The initial move is met with large volume while the pennant have weakening volume.
TEJAS NET in a Breakout zone!!!TEJAS NET is in a breakout zone !!
Can expect an upside move if 219-220 ranges is broken.
Stop loss @200-205 ranges! Maintain strict stop loss to restrict loss.
Don't take this trade blindly, analyze the stock and only trade after it passes your analysis !!
Please like and Follow !!!
Tejas Network Flag / C&H BO NSE:TEJASNET
buy now and add more around 180
SL clsoing below153
T 222, 255 280 310
A probable candidate for breakout.1. Strong lower price rejection with increasing volume.
2. Consolidating in a narrow price range just before the breakout.
3. Ascending triangle pattern.
4. price taken support from 50D SMA.
5. Favorable Risk return ratio.
TEJASNET #StockMarket #StockIdeas #StocktoWatch #StockToBuyTEJASNET -->> PURE PRICE ACTION BET
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STOCK SEEMS TO CONSOLIDATE AFTER BREAKOUT
BUY IF BO HAPPENS AND SUSTAIN ABOVE 202
FOR FIRST TARGET OF 220
WITH ULTIMATE TARGET OF 260
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KEEP TIGHT SL AROUND 185
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PURE PRICE ACTION CALL - NO FUNDAMENTAL CHECKED
THIS TYPE OF STOCK TO BE AVOID FOR LONG TERM
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STRICT SL TO BE FOLLOWED IN EVERY SHIFT
TEJAS NETWORK LTDCUP WITH HANDLE PATTERN FORMED...PRICE IS TRYING TO BREAK THAT LEVEL...IF IT BREAKS AND SUSTAINS ..PRICE WILL MOVE TO NEXT LEVEL...FOR LEARNING GOOD TO OBSERVE
TEJAS NETWORK TREND ANALYSIS ON DAILY TIME FRAMEDisclaimer
I am not Sebi Registered. This content is only for educational purpose, Do your Own Research Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify.
Tejas and Dixon are applying for Pli scheme before due date confirmed by its management
Tejas networkthe stock is in the formation of h&s pattern .....and abt to complete its right shoulder...enter a mentioned in the chart
Long Swing Trade @TEJASNET with RR of 3:1TejasNet has given a breakout of the triangle pattern in daily Timeframe that too after the retest, with more than average volume.
Buy @CMP 191
Target 240
Stoploss 170
TEJASNETWatchout for Symmetrical Triangle pattern breakout. Fundamentally good share, company deals with optical and data networking products. This company have high growth potential. Good Investment pick for portfolio.
TEJAS NETWORKTEJAS NETWORK is ready for forming CUP & HANDLE PATTERN .
Buy Above 180 level
targets 220
Note this is my analysis only for educational purposes, feel free to give your opinion on my review.
