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Technicals for Tejas Networks Limited
By MusingTheNews
2025-05-30 20:59
Overall Technical outlook
Price Summary
On 2025-05-30, Tejas Networks Limited's stock opened at 729.7, peaked at 735.75, hit a low of 716.35, and closed -1.61% lower at 717.95, with 981742 shares changing hands. The stock reached its highest price of 1452.25 and its lowest price of 649.7 during the 52-week period.
Technicals
Support and Resistance: The current price of 717.95 for TEJASNET finds support at 649.7 and resistance at 719.9. These levels define a range in which the price might oscillate, with 649.7 as a potential support and 719.9 as a resistance level. Support/Resistance for TEJASNET
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Tejas Networks Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for TEJASNET, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. 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, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Tejas Networks Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Tejas Networks Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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