September 2

INDIAN STOCK: TATA STEEL, HINDALCO, Trades of the Week of August 27 – 31, 2012.

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This is the weekly trade for the Indian Stock Market.
We received an Email Alert on August 27, 2012 for a 3 time frame Buy / Sell opportunity.

There was an entry to go short on TATA STEEL stock. The entry was at Rs.383.43 and the Stop for the trade was Rs.391.88. The risk of Rs.8.45 per share and the profit has already been locked in at Rs.365.00. If the stock price turns around from here and go upwards, there is a sure profit of Rs.18.43 per stock.

There was an entry to go short on HINDALCO stock. The entry was at Rs.109.26 and the Stop for the trade was Rs.112.75. The risk of Rs.3.49 per share and the profit has already been locked in at Rs.104.45. If the stock price turns around from here and go upwards, there is a sure profit of Rs.4.81 per stock.

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
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.


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