hi sumitro
hi,
stochastics wont work when the market is trending....rather than just luking for the overbought and oversold levels,luk for divergences in stochastics and rsi....It is advisable to use 5 min chart for intraday trading....
once you are familiar in intraday,u can experiment with different time frames..
for any help feel free to call 9349744822
best of luck
vsangeeth