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(TEJASNET) Tejas Networks complete technical analysis [charts+indicators] | Buy/Sell Tejas Networks | (TEJASNET) share price targets

Complete technical analysis of Tejas Networks (TEJASNET) by charts plus indicators, forecast predictions and share price targets for Tejas Networks (TEJASNET)

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Tejas Networks is 428061

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1053.00	1165.00	1166.80	1052.35	2.516 times
03 Mon Jun 2024	1169.25	1200.00	1200.00	1127.65	1.344 times
31 Fri May 2024	1114.40	1139.95	1153.90	1095.30	1.405 times
30 Thu May 2024	1132.25	1177.95	1181.55	1125.00	0.738 times
29 Wed May 2024	1176.90	1170.00	1209.00	1160.00	0.871 times
28 Tue May 2024	1174.20	1164.30	1184.00	1130.05	0.713 times
27 Mon May 2024	1160.05	1159.50	1191.20	1120.50	0.965 times
24 Fri May 2024	1155.20	1180.00	1189.95	1151.05	0.655 times
23 Thu May 2024	1169.45	1165.00	1199.30	1165.00	0.849 times
22 Wed May 2024	1158.10	1161.90	1177.00	1130.10	1.107 times

Stock of Tejas Networks (TEJASNET) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1065.5, for a target of 1115.3 or 1156.9

Share price targets for Tejas Networks (TEJASNET)

Target Type	Value
Downside Target	651.25
Downside Target	779.00
Downside Target	795.75
Downside Target	1034.00
Upside Target	1088.45
Upside Target	1130.10
Upside Target	1159.40
Upside Target	1183.35
Upside Target	1200.00
Upside Target	1209.00
Upside Target	1224.00
Upside Target	1246.00

Intraday share price targets for Tejas Networks (TEJASNET)

Target Type	Value
Downside Intraday Target	1003.57
Downside Intraday Target	954.13
Upside Intraday Target	1151.22
Upside Intraday Target	1249.43
Upside Intraday Target	1101.78

Weekly technical analysis of Tejas Networks (TEJASNET)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1053.00	1200.00	1200.00	1052.35	0.823 times
31 Fri May 2024	1114.40	1159.50	1209.00	1095.30	1.184 times
24 Fri May 2024	1155.20	1224.00	1224.00	1130.10	0.399 times
18 Sat May 2024	1203.15	1124.95	1246.00	1088.45	0.847 times
10 Fri May 2024	1119.45	1094.05	1159.40	1034.00	0.787 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tejas Networks (TEJASNET)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1053.00	1200.00	1200.00	1052.35	0.115 times
31 Fri May 2024	1114.40	1146.90	1246.00	1034.00	0.361 times
30 Tue Apr 2024	1144.35	669.00	1183.35	664.50	6.706 times
28 Thu Mar 2024	656.40	751.70	779.00	651.25	0.705 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tejas Networks (TEJASNET)

Price action analysis of Tejas Networks ( (TEJASNET) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tejas Networks ( (TEJASNET) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tejas Networks ( (TEJASNET) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tejas Networks ( (TEJASNET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tejas Networks stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Tejas Networks in short term but the sell signal is initial and weak.

Tejas Networks Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tejas Networks in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tejas Networks is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1131.9 and Tejas Networks (TEJASNET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tejas Networks (TEJASNET) stock. Volume based technical analysis of Tejas Networks (TEJASNET) stock is negative.

Tejas Networks Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.