Overall Technical outlook

Price Summary

With a 2.09% rise, Tejas Networks Limited enjoyed a remarkable day in the stock market.
Tejas Networks Limited's stock opened at 690.0 on 2025-06-13, surged to 709.45, dropped to 684.15, and ended 2.09% up at 704.45, with 1038875 shares traded.
For the 52-week period, the stock's highest price is 1452.25, and the lowest price is 649.7.

Technicals

Support and Resistance: The current price of 704.45 for TEJASNET is supported at 649.7 and faces resistance at 719.9. These levels indicate that 649.7 could act as a floor, while 719.9 might limit any further price increases.
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Support/Resistance for TEJASNET


Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators.
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Aroon chart for Tejas Networks Limited


Bol. Bands: The price has recently crossed above the lower Bollinger Band after being below it in the previous move for TEJASNET. This upward crossover suggests a possible change in market direction, with the price recovering from an oversold state. The movement above the lower band may indicate that the bearish trend is weakening, and a potential shift toward bullish momentum could be on the horizon.
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Bolinger Bands chart for Tejas Networks Limited


Parabolic SAR: The PSAR continues its bearish trend for Tejas Networks Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment.
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Parabolic Stop and Reverse chart for Tejas Networks Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Tejas Networks Limited


Tripple Moving Agerage: The moving averages for TEJASNET for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change.
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Tripple SMA chart for Tejas Networks Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.