Stock Analysis
Trading Strategy
This pullback trade setup looks promising. Monitor the breakout and trade accordingly!
- Global Health Ltd (MEDANTA) is forming a double bottom pattern.
- This setup offers a very favorable risk to reward ratio.
Trading Strategy
- Entry Point: Look for a breakout above the 1500 level.
- Target and Stop Loss: Levels are plotted on the chart for guidance.
- Stop Loss: Set your stop loss as indicated on the chart.
- Target: Follow the target level for potential gains.
This pullback trade setup looks promising. Monitor the breakout and trade accordingly!