A Cup and Handle formation is seen in Tejas Networks weekly chart. Price has to however cross 220 levels and give a breakout. If a breakout is seen from these levels then we safely take a long position.
Trade active:
Tejas Networks has given a beautiful BO on the weekly charts as predicted. Suggested to keep holding. Don't forget to place your Stop loss at 220. Cheers 🥂.
Comment:
Second Target of 520 has been achieved on Tejas Networks. Mid term holders may book their profit. Long term holders, please trail stop loss at 431.