Tejas Networks - Post result trade
This one would rank quite high on the risk scale.
Amazing result and great order visibility.
There is a price earning gapup..there was a good breakout along with that gap as well.
The stock is in peak momentum
Ideally would like first entry to be at 1000 with SL of 925 for that trade.
If I don't get it there then above 1090 but then the SL would be sub 990. (Wedge breakout)
5% allocation to start with and double up quickly into a new high.
Amazing result and great order visibility.
There is a price earning gapup..there was a good breakout along with that gap as well.
The stock is in peak momentum
Ideally would like first entry to be at 1000 with SL of 925 for that trade.
If I don't get it there then above 1090 but then the SL would be sub 990. (Wedge breakout)
5% allocation to start with and double up quickly into a new high.
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