My Nifty/Mini-Nifty Positional trade logs

Can Stochastics indicator alone be used for positional trading?


  • Total voters
    50

summasumma

Well-Known Member
#25
Looks like (15,3,1) took support @ (21,9,1).
Yesterday (15,3,1)=29 and (21,9,1)=28...
Today(based on nifty CMP),
(15,3,1)= up @ 43
(21,9,1)= up @ 31
(32,9,1)= up @ 24

Good to hold long...
 

summasumma

Well-Known Member
#29


(32,9,1) / (21,9,1) went UP and (15,3,1) went down...
Bias is positive and expecting range-bound market untill the green line(21,9,1) goes > 80.... We can blindly go long if it happens (based on the past data analysis ).
Lets see if it happens... :)
I am long from 4950 level after (15,3,1) took support at (21,9,1)... :D
 

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