balaji_damo

TCS Long idea

Long
balaji_damo Updated   
NSE:TCS   TATA CONSULTANCY S
Trade plan

Entry - 1930 SL - 1884 T1 - 1954 T2 - 1989 T3 - 2036

Trade Category positional
Account Size - 200000 INR Max affordable risk per trade 2% = 4000 INR
Risk = 1930-1884= 46 points
Position size = 4000/46 = 87 (After slippage and commissions 80)

Investment = 160*294=47040
T1 Profit = 24*80 = 1920 (Risk:Reward = 1:0.48)
T2 Profit = 59*80 = 4720 (Risk:Reward = 1:1.18)
T3 Profit = 106*80 = 8480 (Risk:Reward = 1:2.12)
Comment:
Investment 80*1930 = 15440
Comment:
154400
Trade active
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.