TEJASNET - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 2.8

📉 TEJASNET Swing Trade Analysis

TEJASNET currently presents a weak swing trade setup due to deteriorating fundamentals and lackluster technical momentum. Here's a breakdown

⚠️ Negative Indicators

Earnings Decline: PAT dropped from ₹-62 Cr. to ₹-194 Cr., a steep 339% deterioration — a major red flag.

Volume Weakness: Current volume is nearly 50% below the 1-week average, indicating low trader interest.

Institutional Sentiment: FII and DII holdings both declined, suggesting lack of confidence from large investors.

High Valuation: P/E of 62 vs Industry PE of 55.9 — expensive despite negative earnings.

Debt Load: Debt-to-equity ratio of 0.88 is relatively high for a tech firm.

52W Index at 7.97%: Indicates the stock is near its yearly low, with limited recovery so far.

⚙️ Technical Signals

MACD: 2.13 — mildly bullish, but not strong enough to confirm momentum.

RSI: 57.6 — neutral zone, not signaling a breakout.

DMA 50 = ₹615, DMA 200 = ₹774 — current price is at 50 DMA but well below 200 DMA, suggesting long-term weakness.

🎯 Trade Strategy

Optimal Entry Price: ₹590–₹600

Only consider entry if price pulls back near recent support and shows signs of reversal.

Exit Plan (If Holding)

Target Exit: ₹660–₹680

Conservative target near short-term resistance.

Stop Loss: ₹575

Below recent support to manage downside risk.

TEJASNET is not ideal for swing trading at the moment. It may be worth watching for a turnaround, but current fundamentals and technicals suggest caution. Want help scanning for stronger setups?

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