Failed Trader Ranjan

  HEROMOTOCO  ENTRY PRICE-2959 STOP LOSS-2900 TARGET-3050 STOP LOSS TRIGGERED STRATEGY 1)ADX +DI CROSSED ABOVE ADX-DI 2)GREEN CANDLE OPENS BELOW UPPER BOLINGER BAND AND CLOSES ABOVE UPPER BOLINGER BAND(ALERT CANDLE) 3)ENTRY ABOVE HIGH OF ALERT CANDLE 4)SL BELOW LOW OF OF ALERT CANDLE AND TARGET @1:1.5 RISK REWARD 5)TIME FRAME-1HR

  TARGET HIT ENTRY @597.50 SL 584 TARGET-624.50 BOOKED PROFIT @631.90 Strategy    Candlestick reversal from 1)Price support 2)RSI Support(Rsi near 40) 3)Double bottom with RSI  divergence 4)200 period SMA < 50 period SMA Time Frame- 1 Hour

  STOP LOSS HIT ENTRY @599 SL 587 TARGET-623 Strategy    Candlestick reversal from 1)Price support 2)RSI Support(Rsi near 40) 3)50 period Simple Moving Average Support 4)200 period SMA < 50 period SMA Time Frame- 1 Hour

Target Hit Entry @923 SL 914 Target 941(1:2 risk reward) I Closed my position @948 . Though the stock is rising as per our rule I closed my position as soon as  the target is hit    Strategy    Candlestick reversal from 1)Price support 2)RSI Support(Rsi near 40) 3)50 period Simple Moving Average Support 4)200 period SMA < 50 period SMA Time Frame- 1 Hour