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

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com

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About the Author Manesh Patel