INDIAN STOCK Ichimoku Trade of the Week: Mar. 25 – Mar. 29, 2013.

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  • INDIAN STOCK Ichimoku Trade of the Week: Mar. 25 – Mar. 29, 2013.

This is the weekly trade for the Indian Stock Market.
We received an Email Alert on March 26, 2013 for a 3 time frame Buy / Sell opportunity.

There was an entry to go LONG on HINDUSTAN UNILEVER LTD.’s stock. The Entry was at Rs.465.08 and the Initial Stop for the trade was Rs.461.37. The risk of Rs 3.71 per share. The stock started to move in the favour of the trade and the stops were being tightened. Exit took place on a small retracement of the price. The exit was at Rs.470.50, thus giving a net profit of Rs. 5.42 per share. The trade has been closed. Risk to reward of 1 : 1.46 per share was achieved.

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