Introduction

Friends Supertrend Strategy is such an indicator which gives us buy/sell signal, there you also get all the fake signals but we can know which signal is right and which signal is fake, you just have to work a little hard in this strategy. You can make good profit from the strategy, just a little hard work and knowledge is required, you can use this strategy to trade options of banknifty nifty 50

So let’s move on to our super strategy

Basic Of Supertrend Strategy

The Supertrend Strategy is used in the stock market using this website. It is a technical trading strategy in which the trend of the stock reverses in the background of a supertrend. Following this strategy, when the stock or market trend reverses against a supertrend, a sell action is to be taken.

The main objective of this strategy is to trade based on their determined sensitivity. To determine a supertrend, there is usually a 20-day yield and break-even range, which is an index of the market’s upward trend. In this, it is based on the original price shown within the highest and lowest of the stock.

Once the market reverses the trend, you need to sell in that direction. When a trend breaks, you need to react based on your trade positions.

The Supertrend Strategy can be used very temporarily, but it is meant to be updated based on your market experience, based on studies and temporary selections.

A supertrend strategy requires more leadership and more expertise, which requires more refinement, experience, and market knowledge.

important guidelines:

• Use of trading rules: It is important to follow trading rules while trading. It can help to set rules, such as how much to store, how much to work, how to set a trading strategy, and when not to be in the market for trading stability.
• Risk Management: It is important to regularly identify your risks while trading. When considering your trade, it is important that you test your risk and reaction capacity in context.
• Temporary Expertise: To give you confidence and feedback in your trading, markets and trading strategies call for knowledge and experience. By routinely dedicating time to market research and condition analysis, expertise can be further developed.
• Patience: A crucial trait in trading is patience. It takes patience to have faith in and use your trading judgment.
• Analysis of the Market Situation: Trading successfully requires a firm grasp of the current state of the market. Understanding market conditions includes understanding how to make decisions for yourself and your trading.