Swing trading in Stock (Pullback method),
Using the following indicator,
Moving avg. 20 EMA, 100 MA,
RSI (5),
Stochastic(9,6,3), Pivot high low(optional), Vol(optional)
1hr TF
(1/n)
Buy call:
1.Two moving avg. in an uptrend, forming like in this order 20EMA-100MA
2. RSI must be touch at 20 level
3.Stoch. %k and %d Crossover uptrend.
All three conditions fulfilled in sequence then will buy the above of that candle. (2/n)
E.g
JSWSteel, Trade active on 12 Oct, 1:15 candle high SL of that trade was 279.35, Swing pivot low,
you can target 1:3, So In this example, SL was just 3.5 points so profit might be 11 points from trade activated. (3/n)
Sell Call:
1.Two moving avg. in a down trend, forming like in this order 100MA-20EMA
2.RSI must be touch at 80 level
3.Stoch. %k and %d Crossover down trend.
All three conditions fulfilled in sequence then will sell the below of that candle.
(4/n)
E.g
BPCL, Trade active on 30 Sep. 10:15, Candle low was 364, Once it broke we have to initiate sell trade with SL of that candle (Reason for sl is a swing high was 394 its to far) The volume of that candle was good so if price go above 374 that means its reversal so 10 points SL
BPCL touch at 325 two days ago our 1:3 target achieved at 334.

Kindly do some backtest this one on a different chart so you got the confidence for trading.

if you like this thread kindly retweet so maximum can take advantage

I will also upload the video on it by today itself

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