Channel breakout on Nifty Healthcare index
Nifty healthcare index broke out of channel pattern with multiple support and resistance level tested. Looking at the strong bullish breakout, there appears to be a good 5-7% potential with low risk of around 2.7%. Stoploss can be had just below breakout candle with target the width of the channel. This gives an ideal risk reward of 1:2 depending on where your entry is.
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Hope you like this idea, if so please boost this idea or leave a comment below on what you think. Otherwise happy trading :-).
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。