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padiyara
Mar 24, 2017 6:07 AM

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

Nifty Bank IndexNSE

Description

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