padiyara

BN Nifty... Target & Stop for valid island reversal (onrequest)

NSE:BANKNIFTY   NIFTY BANK
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9
Minimum target for island reversal for BN 20440
and the stop is the end point , here it is 21336
Comment: And if you are concerned about the RRR.
Since the stop is below the pattern and you trade only the size of the pattern, the win-loss ratio is based on the minimum target is almost 1:1. very poor??. ok.
But it is absolutely acceptable since the pattern has a high success rate.

Comments

Thank You for your view on Bank Nifty, looks tempting to go short .
Reply
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