Ichimoku cloud for Swing trading F&O

Hello Friends,

I just recently came across one of famous indicator Ichimoku cloud so wanted to know if using this indicator for F&O stocks on Daily chart will be beneficial for swing trading or should go to some other technical indicators which could result better than this ?

I liked this indicator with precise decision making about trend as well as I am working professional it is hard for me to do intraday trading by keep on looking at charts so thought if can go for Swing trading especially with options using Ichimoku Cloud, though still to get much familiar with indicator and its pros and cons.

So your advise and comments will be highly beneficial.


You can use this indicator on daily charts. The implications are similar irrespective of the time frame you use.