There was a signal to go LONG on EDUCOMP SOLUTIONS LTD.’s stock. The Entry was at Rs.68.03 and the Initial Stop for the trade was Rs.65.76. A risk of Rs.2.27 per share. As the price started to move up in the favour of the trade, the price was being trailed based on proprietary Ichimoku system. The stop got hit at Rs.74.34 on a retracement of the price after a substantial profit had been locked in. There was a profit of Rs.6.13 per share. The Risk to Reward ratio was 1 : 2.78.
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