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Stock analysis Tejas Networks Limited TEJASNET

More indepth analysis on MunafaSutra.com

Moving Averages for Tejas Networks Limited

  • 5Day Average: 1069.63
  • 12Day Average: 914.59
  • 20Day Average: 850.96
  • 50Day Average: 775.1
  • 100Day Average: 795.86
  • 150Day Average: 813.83
  • 200Day Average: 818.97

TEJASNET Indicators & signals

Indicator MACD (12,26,9)

950.38, 863.51, 54.21
Indicator MACD is in positive zone

Indicator ADX (14)

64.04, 50.77, 11.13
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 74
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TEJASNET Tejas Networks Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 1117.45 1040.00 to 1125.85 8.71% 1.13 times
26 Fri Apr 2024 1027.95 1015.10 to 1054.30 -1.67% 0.39 times
25 Thu Apr 2024 1045.40 1031.00 to 1083.90 -2.22% 0.47 times
24 Wed Apr 2024 1069.10 1042.00 to 1135.00 -1.76% 1.77 times
23 Tue Apr 2024 1088.25 984.40 to 1088.25 20% 4.37 times
22 Mon Apr 2024 906.90 775.00 to 926.40 16.94% 1.91 times
19 Fri Apr 2024 775.55 771.10 to 794.95 -2.6% 0.1 times
18 Thu Apr 2024 796.25 790.35 to 812.00 0.26% 0.18 times
16 Tue Apr 2024 794.20 761.30 to 816.05 3.58% 0.46 times
15 Mon Apr 2024 766.75 750.55 to 789.80 -2.2% 0.17 times
12 Fri Apr 2024 784.00 778.20 to 812.00 -2.4% 0.17 times
10 Wed Apr 2024 803.30 797.55 to 816.15 -0.31% 0.13 times

Technical analysis forecast of Tejas Networks Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Tejas Networks Limited TEJASNET at this time. Stock is rising and might rise more.

It appears as if Tejas Networks Limited TEJASNET gave a large move recently.

Stock of Tejas Networks Limited (TEJASNET) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Tejas Networks Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Tejas Networks Limited stays above 1025.1, but if it comes below 1025.1, then a intra day sell could be more profitable.
If you take a sell trade below 1025.1, then use 1025.1 as stoploss and 890.66 as target. However if you take a buy trade in Tejas Networks Limited, then use 1025.1 as stoploss and 1186.4 as target.

More indepth analysis on MunafaSutra.com