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.

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 or email us at info@eiicapital.com

EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.

About the Author Vinesh Midha