Beautiful breakout of bullish tringle pattern, breakout candle also sustained so we can make a long positions after new candle breakes previous candle high ENTRY-223 TG1-237 TG2-266 SL-208 this is very low risk and high reward
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ENTRY triggered
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SL hit due to nifty going down if again at entry level we can make new entry
Interesting perspective but I think a stop too low
navjotawal
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@InvestMate, its just a 12rs stoploss against a target of 44rs, risk to reward is 1:4 which is pretty good and according to technicals this is the only stoploss and if you will decrease stoploss by yourself there are higher chances that your stoploss can hit
DragonTrade001
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more downside
navjotawal
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@sathishmutu, if index will move downwards then it can also move down