Tejas Networks technical analysis

According to the latest Pivot data, Tejas Networks’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹413.55, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹416.55, ₹420.35, and ₹423.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹409.75, ₹406.75, and ₹402.95, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Tejas Networks’s price movement.