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Pennant Breakout | TEJAS NETWORKS 🌐

Long
NSE:TEJASNET   TEJAS NETWORKS LTD
TEJASNET daily: Looks good for more upside at CMP

1) Pennant Pattern BO

2) Optical and data networking products company

A pennant is a type of continuation pattern formed when there is a large movement in a security, followed by a consolidation period followed by a breakout movement in the same direction as the initial large movement.

The initial move is met with large volume while the pennant have weakening volume .
Trade active: Target 1 done
Trade active: Both targets done but it can be carried for much longer
Comment: 120% in just 2 Weeks

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