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Technicals for Tejas Networks Limited
By MusingTheNews
2025-10-17 20:58
Overall Technical outlook
Price Summary
Tejas Networks Limited's stock started the year at 592.0, climbed to a high of 599.45, fell to 586.85, and closed -0.39% down at 589.7, with 490578 shares traded on 2025-10-17. Over the course of 52 weeks, the stock peaked at 1410.2 and hit a low of 550.85.
Technicals
Support and Resistance: The current price of 589.7 for TEJASNET is supported at 583.55 and faces resistance at 620.05. These levels indicate that 583.55 could act as a floor, while 620.05 might limit any further price increases. Support/Resistance for TEJASNET
Aroon: The AROON is in a neutral stance for TEJASNET, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Tejas Networks Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Tejas Networks Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Tejas Networks Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for TEJASNET. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Tejas Networks Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Tejas Networks Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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