INDIAN STOCK Ichimoku Trade of the Week: ACC Ltd., September 24 – 28, 2012

This is the weekly trade for the Indian Stock Market.
We received an Email Alert on September 24, 2012 for a 4 time frame Buy / Sell opportunity.

There was an entry to go LONG on ACC Ltd. stock. The entry was at Rs1400.80 and the stop for the trade was Rs.1377.75. The risk of Rs.23.05 per share. Profit has already been locked in at Rs.1449.30. If the price turns around from here and go downwards, there is a sure profit of Rs.48.50 per share.

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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About the Author Vinesh Midha