📊 TEJASNET Weekly Chart Update
The chart is pretty self-explanatory as always, but here are some key observations worth noting:
1. 📈 The stock was in a mad uptrend throughout most of 2024, rallying to ₹1,500.
2. 🔄 After that, it entered a pullback phase and has been consolidating since.
3. 📉 We're currently sitting at a crucial multiple support zone, which has held firm so far.
4. You can now access our structured charts for all Nifty 500 companies. Check the signature column below for more info.
5. 🔎 The last two weekly candles are indecisive doji candles with long lower wicks – signaling potential buyer interest.
6. 📊 Volume was excellent last week, suggesting there could be strong buying pressure building up.
7. 💼 Q2 results are out and IMO, they’re perfect – reinforcing the bullish sentiment.
All these factors combined make TEJASNET a must-have on your watchlist! 👀
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. All investments carry risk, and it’s important to conduct your own research or consult with a certified financial advisor before making any investment decisions. I do not provide buy, sell, or hold recommendations. Past performance is not indicative of future results.
The chart is pretty self-explanatory as always, but here are some key observations worth noting:
1. 📈 The stock was in a mad uptrend throughout most of 2024, rallying to ₹1,500.
2. 🔄 After that, it entered a pullback phase and has been consolidating since.
3. 📉 We're currently sitting at a crucial multiple support zone, which has held firm so far.
4. You can now access our structured charts for all Nifty 500 companies. Check the signature column below for more info.
5. 🔎 The last two weekly candles are indecisive doji candles with long lower wicks – signaling potential buyer interest.
6. 📊 Volume was excellent last week, suggesting there could be strong buying pressure building up.
7. 💼 Q2 results are out and IMO, they’re perfect – reinforcing the bullish sentiment.
All these factors combined make TEJASNET a must-have on your watchlist! 👀
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. All investments carry risk, and it’s important to conduct your own research or consult with a certified financial advisor before making any investment decisions. I do not provide buy, sell, or hold recommendations. Past performance is not indicative of future results.
Note
20% Upper Circuit in Tejas Networks
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.