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Tagged: Break out Wipro bull above 600
WIPRO had breakout GAP with volume at breakout
TRADE PLAN WIPRO LONG ENTRY 600
STOP LOSS 562 (RISK 38 )
TARGET 667(REWARD 67)
can you please explain how you calculate the reward
DEAR SIR /MADAM
REWARD in the case of long trade(BULL TREND) is TARGET minus ENTRY
REWARD in the case of short trade(BEAR TREND) is ENTRY minus TARGET
This how every one is calculating and so NOT my way of calculation
Happy technical analysis
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