SENSEX India Stock Market Ichimoku Trade of the Week : UNITECH 8-17-12

On Aug 13, 2012, we received a 3 time frame Sell on the India Stock Unitech on the Bombay Stock Exchange SENSEX. The email alert is shown here:

The chart is shown below. The entry is 23.18, initial stop of 24.00, and a preserve mode value of 20.39. This is a min. reward of 2.79 with an max. risk of 0.82 i.e. min. reward/risk of 340%.

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About the Author Manesh Patel