#mymarkettips 05/09/2017 INTRADAY CALL ASHOKLEY STATUS TRGT1 HIT.....

#mymarkettips 05/09/2017 INTRADAY CALL ASHOKLEY STATUS TRGT1 HIT.....

#mymarkettips 05/09/2017 INTRADAY CALL SELL ASHOKLEY 113.40/- SL 114.40/- TRGT1 112.15/- TRGT2 111.20/-

#mymarkettips 05/09/2017 INTRADAY CALL SELL ASHOKLEY 113.40/- SL 114.40/- TRGT1 112.15/- TRGT2 111.20/-

28 AUG TO 1 SEP 2017 WEEKLY PERFORMANCE

"SECRET TO USE STOCHASTIC IN DAY TRADING"

HOW TO USE STOCHASTIC INDICATOR IN DAY TRADING

What is the STOCHASTIC INDICATOR?

The STOCHASTIC oscillator is a momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result.

Overbought Vs Oversold

From the above chart, the STOCHASTIC oscillator can play important role in identifying overbought and oversold levels, because it is range bound. This range – from 0 to 100 – will remain constant, no matter how quickly or slowly a security advances or declines. Considering the most traditional settings for the oscillator, 20 is typically considered the oversold threshold and 80 are considered the overbought threshold. However, the levels are adjustable to fit security characteristics and analytical needs. Readings above 80 indicate a security is trading near the top of its high-low range; readings below 20 indicate the security is trading near the bottom of its high-low range.

SECRET TO USE STOCHASTIC INDICATOR IN DAY TRADING

First of all be clear that you cannot be SUCCESFUL TRADER by using only single indicator in day trading, the same case with STOCHASTIC also. You have to use STOCHASTIC INDIACATOR with other parameters for the position in day trading.

We all know that STOCHASTIC INDICATOR is used to identify the oversold and overbought levels but the SECRET “ HOW TO USE STOCHASTIC INDICATOR IN DAY TRADING” is lies in the time frame in which it is required to be used.

DAY TRADER can use STOCHASTIC INDICATOR in HOURLY TIME FRAME ONLY to maximize the use of the indicator. STOCHASTIC is not much useful in smaller time frame than hourly time frame for DAY TRADERS.

Above is the example with the chart of AUROPHARMA 04/09/2017 in the hourly chart of STOCHASTIC #mymarkettips INTRADAY CALL SELL AUROPHARMA 755/- SL 764/- TRGT1 748.50/- TRGT2 741/-, In the chart, it is clearly visible in that STOCHASTIC is overbought and the price is expected to fall from the levels.

STOCHASTIC indicator helps DAY TRADER to identify the direction of the script. Further, add that you cannot be SUCCESSFUL TRADER by using only single INDICATOR, you have to use other parameters with STOCHASTIC to trade.

#mymarkettips 04/09/2017 INTRADAY CALL STATUS AUROPHARMA TRGT1 HIT....

#mymarkettips 04/09/2017 INTRADAY CALL STATUS AUROPHARMA TRGT1 HIT....

#mymarkettips INTRADAY CALL SELL AUROPHARMA 755/- SL 764/- TRGT1 748.50/- TRGT2 741/-

#mymarkettips INTRADAY CALL SELL AUROPHARMA 755/- SL 764/- TRGT1 748.50/- TRGT2 741/-