π Tejas Networks β Momentum
TEJASNET
Important Levels:
Support: 590 β 570
Resistance: 660 β 700
Structure: Strong recovery with improving momentum
Business:
Leading telecom and networking equipment manufacturer
Beneficiary of 5G rollout, BharatNet and telecom infrastructure spending
Strong backing from the Tata Group
Earnings:
Healthy order pipeline from telecom and government projects
Long-term growth driven by network expansion and digital infrastructure
Verdict:
π Telecom infrastructure leader
π Strong momentum candidate if buying interest continues
#FundamentalViews
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