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Vimal K

27th Feb · SEBI-Registered Analyst

STOCKS TO KEEP ON RADAR – WEEKLY TOP GAINERS

Concord Biotech - The stock surged +17.09% and recently crossed above its 5-day and 20-day moving averages, signaling a potential short-term trend reversal after hitting a 52-week low of ₹1,056.75 on February 25. Despite the recent bounce, it remains positioned below its 50-day, 100-day, and 200-day moving averages, indicating that the primary long-term downtrend is still intact. Tejas Networks - Tejas Networks is experiencing a powerful short-term breakout, surging over 17.5% in a single day and roughly 26% over the last two sessions following a major 5G contract win with Japan’s NEC Corporation. The stock has decisively crossed its 5-day, 20-day, and 50-day moving averages, signaling a strong shift in short-to-medium-term momentum. Despite the rally, it is still trading below its 100-day and 200-day moving averages, indicating it remains in a long-term recovery phase rather than a confirmed structural bull run.

CONCORDBIO
TEJASNET

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