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TanujaK
Mar 20, 2023 3:36 PM

#NIFTY downtrend movement potential with RISK:REWARD 5.6 Short

Nifty 50 IndexNSE

Description

#tradingstrategy #tradingclasses
symbol Nifty 50
Time frame 4 hours
Analysis Breakout from the symmetrical Triangle ,so we can expect downtrend movement with Risk:reward of 5.6
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, Hit like button or boost our ideas. Thank you.


NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Comments
TanujaK
FYI, Traders, I have calculated the values roughly, from the next ideas, will publish the exact values, so that it will avoid confusion. How anyone knows I calculated roughly?
saumil93
35000 divided by 1000 = 3.5 and not 5.6
TanujaK
@saumil93, It's not a division, It's a ratio. risk:reward ratio =1:5.6 like this
TanujaK
@saumil93 Example :you have 1000 rupees, 1% (1000)= 10 , 5.6%(1000) =56. so if you invest 1000 RUpees, if the profit hits, you will book 56 rupees, or else if Stoploss hits, you will loose 10 rupees. Hope this clears ur doubts.
TanujaK
@saumil93, if we take the exact values, sl is 141 points and target is 802 points, 141:802 will come nearly 1:5.6 . while explaining I took the values roughly..rounding off the values. From next ideas , will publish the
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