vanathi
Long

Bank Nifty - Long

NSE:BANKNIFTY   NIFTY BANK
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6
133 2
Buy bank nifty             18050 with target 18200 stoploss 18000 https://in.tradingview.com/chart/QtD56IkU/
Trade active
Trade closed manually: Bank Nifty has already broken my trendline showing weakness. This trade is based on RSI positive divergence. An intelligent trader should have exited when price hits the trend line gaining 50 points. Lesson learnt!
Comment: This week's error - 1. Human error of calculating bank nifty's movement speed.
Hello Madam, Great learning watching your simple trading strategies. Can you please share how does one calculate movement speed?
Reply
vanathi kedarjoshi
@kedarjoshi, By experience only one can learn about it. Once i know it clearly will share it here.
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