I do not have enough words to thank you for your immense contribution to my knowledge abt TA. Infact , your explanations have given me more knowledge than perhaps few books put together.
May god bless you.
Your stoch settings seem to be different from the recommended settings of
8,3,4.
With 8,3,4 settings, ICICI was not overbought for more than 5 bars today.
It was facing stiff resistance at yesterday's high, and around that time there
was a stoch sell signal (%D coming out of OB zone).