Tom de mark sequential monitor for nifty50 stocks

Dr.reddy in diastolic mood....need viagra .BDW nice thread Vivek bhai :thumb:

Requesting to check HAVELLS in AFL.

There are two set up's. Set up 1 range=49 & set up 2 range=52.7.

Set up 1 < Set up 2 < (1.618 x Set up 1), so taking set up 2 for CD.

No intersection. Perfection : high of 8 > high of 6 & high of 9 > high of 7

thanks

Sir if I'm not wrong, wasn't there a second sell set up?
Thanks

No, there is only one setup, as you can see in the chart, after the 9bar setup completes, it does not end there, it continues for many bars, each marked by a star.
The one which you are considering as second setup is actually a continued first (and only) sell setup because the relationship (close higher than close 4bars earlier has not been interrupted) had not been broken.

Vivek

When price breaks previous support/ resistance level, the level change as resistance/support. Does the same concept valid in tdst support/resistance also?

Thanks

I once asked the same question to ST sir, he said they do somewhat, but haven't tested them.
Am not very clear on that.

Vivek

When a sell set up 1 is formed, its true low is TDST SELL - support 1.

After few days if another sell set up 2 forms (cancelling the set up 1) , then its true low is TDST SELL - support 2.

Now question is, do we have two supports (one below another) or only one support ( true low is TDST SELL - support 2)

thanks

We have two supports one over the other.
I suggest you to take a data feed for equity only (about 400-500 per month) and download amibroker (demo), many of your confusions will be gone.
AFL will mark setups, one will have to mark countdowns manually.
I have wavert, good enough for EOD data at least.

Vivek