Stochastics is the method to know whether a particular stock is over bought or oversold and to buy or sell the stock accordingly.
E.G. If in the below chart the chart goes above the level 20 means it is overbought and one should sell the stock and if it passes or crosses the level of 80 means the stock is oversold and one should buy the stock..
This is the only funda and it is very useful for predicting the stock.
HARI OM.........
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