HDFCLIFE | Excellent risk reward & Rejection downside Long

HDFC LIFE INSURANCNSE

Description

⋅ Sep 29, 2020 10:56 AM

HDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence

CMP : 570
Target : 640
Stop loss : 540

1:7 risk reward setup :D

Trade closed: target reached

⋅ Dec 1, 2020 2:47 PM

Comments

riddlerhatter

⋅ Sep 30, 2020 1:33 AM

how does one calculate risk reward ratio

sam2k

⋅ Oct 7, 2020 2:29 PM

@riddlerhatter, Looks like Risk:Reward is around 1:2 - SL is 30 points down from CMP 570 and Target is 70 points up from CMP. Or am I missing something?