#TejasNetworks (622) Support : 609 Closing Basis Consolidation near ATH Good Base Formation Low Volume on pullback Getting Ready for Next Leg of upmove
Good Support for This stock 355 if break out below this lvl it will come around 200
look like some opportunity , but low volume stock and mostly at circuit limit only Good for risk takers.....
BUY @ CMP SHORT TERM TARGET - 280 ULTIMATE LONG TERM TARGET - 400
Trigger for Out break: TATA SON's has bought stake around 43.2% 1. Breakout was retested. 2. Good Entry is around 190-200 3. Hold for long term with SL 162.
Tejas Net is forming BIG cup, after SMALL Cup & Handle. Fundamentals of firm are improving, as execution of orders continuing.
If it breaks 220 level with High volume then can touch 370 and then 412.
he company was incorporated in year 2000 as ‘Tejas Networks India Private Limited’ under the Companies Act, 1956, and having its Registered Office in Karnataka, India. The Company was converted into a public limited company pursuant to a resolution of their Shareholders at an extraordinary general meeting held on October 23, 2002 and consequently, the name of...
Tejas Networks forming Cup & Handle formation! With current momentum and confirmation from ADX and MACD and price action above green kumo clouds with base line and conversion line crossing we can see a nice uprise till Rs 220 at least.
After watching many network companies coming up in my weekly scanner, took tejas network, first entry and the 2nd entry are marked, after my 2nd entry stock was locked in upper circuit. Position sizing and trade management is the key to super performance
MOMENTUM UPWARD SEEN .WATCHOUT FOR MORE ACTION
Tejas Network is Futuristic technology based company which cun give VGood returns in coming years.