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Technicals for Tejas Networks Limited
By MusingTheNews
2026-02-03 20:59
Overall Technical outlook
Price Summary
On 2026-02-02, Tejas Networks Limited's shares started at 331.0, peaked at 335.4, bottomed out at 319.05, and ended -0.83% down at 328.25, with 1529504 shares traded. The stock's highest value over the last 52 weeks is 891.05, and the lowest value is 296.15.
Technicals
Support and Resistance: At 328.25, the price is supported by 296.15 and resisted by 441.7. This indicates that the price for Tejas Networks Limited might fluctuate between these levels, with 296.15 acting as a support and 441.7 limiting further upward movement. Support/Resistance for TEJASNET
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Tejas Networks Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for TEJASNET, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Tejas Networks Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for TEJASNET. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Tejas Networks Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Tejas Networks Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Tejas Networks Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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