INDIAN STOCK Ichimoku Trade of the Week: Feb. 4 – Feb. 8, 2013.

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  • INDIAN STOCK Ichimoku Trade of the Week: Feb. 4 – Feb. 8, 2013.

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

There was an entry to go SHORT on Mercator Ltd.’s stock. The entry was at Rs19.45 and the initial stop for the trade was Rs.19.85. The risk of Rs0.40 per share. The price reached the target at 18.54, which was anticipated and a profit of Rs0.91 per share was locked in.

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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