📌 Current Price & Context
Recent data shows TEJASNET trading around ₹494–₹496.
52-week range: Low ~ ₹474.45, High ~ ₹1,402.70.
On 1-day/short-term technicals: the consensus remains “Sell / Strong Sell”.
So — the stock is near its lower end of the 52-week range, but short-term momentum is weak.
✅ What This Means for Traders (1-Day / Intraday)
As of now, bias on 1-day timeframe remains bearish / neutral. Unless there is a strong positive catalyst, further downside or consolidation is more likely than a sustained bounce.
The zone around ₹484–₹486 (and possibly down to ₹471–₹475) is critical support — a breakdown below could open a bigger downside swing.
On the upside, watch ₹511–₹512 and then ₹520–₹525 for any meaningful resistance breaks — only a close above these may suggest short-term relief.
Because moving averages are well above current price, any upside rally may remain limited unless volume and market-wide sentiment improve.
Recent data shows TEJASNET trading around ₹494–₹496.
52-week range: Low ~ ₹474.45, High ~ ₹1,402.70.
On 1-day/short-term technicals: the consensus remains “Sell / Strong Sell”.
So — the stock is near its lower end of the 52-week range, but short-term momentum is weak.
✅ What This Means for Traders (1-Day / Intraday)
As of now, bias on 1-day timeframe remains bearish / neutral. Unless there is a strong positive catalyst, further downside or consolidation is more likely than a sustained bounce.
The zone around ₹484–₹486 (and possibly down to ₹471–₹475) is critical support — a breakdown below could open a bigger downside swing.
On the upside, watch ₹511–₹512 and then ₹520–₹525 for any meaningful resistance breaks — only a close above these may suggest short-term relief.
Because moving averages are well above current price, any upside rally may remain limited unless volume and market-wide sentiment improve.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.