Stochastics & Gann studies

Sriks

New Member
#1
Hi All

I am a student of Stochastics (and the Stoch RSI as well). I solicit members' views on this indicator and what you think as the right levels to trigger trades.

Besides, I'd be obliged to have useful inputs on Gann levels also.

Regards
 

tirou

New Member
#2
Normally,if the stoch goes below 20% we will buy and if it crosses 80% we will sell.But it is adviceable not to trade simply by seeing these levels alone.You should try to use some MA's also.
 

Prabhjeet

Well-Known Member
#3
i am a fan of RSI indicator. it has given me immense profits in market.here are 2 examples
1. in feb - march i saw rsi going below 10 and i immediately bought nifty futures and if you see the charts you will see atleast 800 pts. rally from there on nifty till nifty finally crossed 90 levels on nifty and i squared off my positions on nifty with huge profits
2. just 10 - 12 days back i saw orbit coro. rsi going below 10 and the price reached 300. i immediately bought orbit and now i m already sitting on 50% profit . is that not a heaven sent indicator
 

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