INDIAN STOCK: ASIAN PAINT, Trade of the Week, September 3 – 07, 2012.

This is the weekly trade for the Indian Stock Market.
We received an Email Alert on September 05, 2012 for a 4 time frame Buy / Sell opportunity.

There was an entry to go long on ASIAN PAINT stock. The entry was at Rs.3689.24 and the Stop for the trade was Rs 3652.41. The risk of Rs.36.83 per share and the profit has already been locked in at Rs.3742.25. If the stock price turns around from here and go downwards, there is a sure profit of Rs.53.01 per stock.

If you would like to learn how to trade like a professional or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com

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About the Author Vinesh Midha