Pullback Trade in Global Health Ltd (MEDANTA)

Stock Analysis

1. Global Health Ltd (MEDANTA) is forming a double bottom pattern.
   
2. 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!