INDIAN STOCK Ichimoku Trade of the Week: Apr. 15 – Apr. 19, 2013.

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  • INDIAN STOCK Ichimoku Trade of the Week: Apr. 15 – Apr. 19, 2013.

This is the weekly trade for the Indian Stock Market.
We received an Email Alert on April 15, 2013 for a 4 time frame Buy / Sell opportunity.

There was an entry to go SHORT on BAJAJ HOLDINGS INVESTMENT LTD.’s stock. The Entry was at Rs.893.91 and the Initial Stop for the trade was Rs.907.40. A risk of Rs.13.49 per share. The target was set at Rs.846.77 based on proprietary Ichimoku system. The target was achieved and the trade was closed, thus encashing in a profit of Rs.47.14 per share. Risk to Reward ratio of 1 : 3.49 was achieved.

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