India Stock Exchange SENSEX Trade of the Week : 8-10-12 Tata Consultancy Services

On Aug 4, 2012, we received a 4 time frame buy on TCS-BOM, Tata consultancy services on the SENSEX Bombay Stock Exchange. Here is the email alert:

Below is the current chart that shows the entry at 1230.25, initial stop of 1214, and a preserve mode value of 1275. This is a 45 reward and a 16 point risk i.e. 281% min. profit reward. The trade is still active but our stop has tightened to a value of 1260.00

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EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose

About the Author Manesh Patel