Moving Average Convergence Divergence (MACD) is a versatile selection of trading indicators used by many Indian swing traders. When the line crosses above the signal line, it is a buy signal for stocks like Bajaj Finance as both trend and momentum are taken into account in that case. An expanding histogram means high momentum, which is good for Nifty trades. Set Parameters eg 5,13,5 for Tata Motor and other volatile stocks on daily status. Swing trades — use daily charts or nifty usages 15 min charts