Nifty Breakout or Breakdown Risk Reward 1:3 Trades

Rules:

  1. In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades.
  2. If we follow this approach, over the long run, money is gained.
  3. A trader is advised not to treat these setups as lottery tickets. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only.


Happy Trading!
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