Ajanta pharma (NSE code: AJANTPHARM), is one of the most outperforming stocks in the pharmaceutical sector. On weekly chart we have seen an excellent trading pattern, we see stock has been in uptrend and this has made us to look for only long positions. Here on the weekly chart, we have noticed a crossover on slow stochastic indicator which is a signal to buy into Ajanta Pharma stock around 390 ... [Continue Reading]
Buy Nifty future, Slow Stochastic gave Crossover on Daily chart
Nifty future has opened with gap on Friday's trading session, I have been bullish on Nifty and bank nifty from last 2 - 3 months, yet this is another confirmation for us to be on long side only. As looking into the chart of NSE's Nifty I found a crossover on slow stochastic indicator and this crossover is for bull traders to take long positions. Trading strategy one must follow is to buy into ... [Continue Reading]
Stochastic Gave Buy Crossover in ACC weekly chart, Buy ACC
ACC is one of those cement stocks, which are in a strong uptrend since 2009. So taking trade in the direction of this up trend, I look for buying this stock on every dips. You will see stock is taking support at trend line and bounces from there, trend line is excellent support in this case. Here to get the buy entry I use slow stochastic indicator, on the weekly chart of ACC below slow stochastic ... [Continue Reading]
Trading Nifty Future Using Slow Stochastic Indicator for Intraday and Positional Trading
Market environments are always classified into 2 different types, 1. Trending Market 2. Ranging Market First we will see how to trade trending markets using slow stochastic indicator, let me show you this step by step: 1. Find out direction of the trend. 2. Look for trading opportunities in that direction. 3. If trend is up look for buying signals only, if trend is down search sell signals. 4. ... [Continue Reading]
