Tom de mark sequential monitor for nifty50 stocks

[ravi2126]

Will post in the thread when we complete sell combo13.

Vivek

Pls....

 

[timepass]

But be prepared for the chance that momentum like this won't listen to any technicals. Maruti did that

 

[ravi2126]

Celebration of thread anniversary with 1000 message n 100pages....

 

[vivektrader]

But be prepared for the chance that momentum like this won't listen to any technicals. Maruti did that

Even disregard of a completed 13 is important, mostly more important and has a bigger momentum in original direction.
All 13s are worth knowing.

Vivek

 

[vivektrader]

Nifty sell combo 13 completed.

Vivek

 

[iwillwin]

Nifty sell combo 13 completed.

Vivek

If tomorrow we close in red with some higher volume would it be indicative of a larger correction start...?

 

[Smart_trade]

After Combo/ Sequential is completed,we cannot sell unless the market indicates that the upward momentum is losing steam by atleast giving a downclose.With strong momentum in the market the market may continue its upward march and start trading above the stoploss levels which will indicate that the market will go up much higher....so we now watch the market action carefully,trade and keep a stoploss....and if the stop is hit, so it be....this system is not a holy grail never fail system but though it has a good success rate,it can and it does fail at times....that is true of any system.

It just indicates that we are in high risk buy area which may or may not be low risk sell area....so trade with stoploss as the momentum is strong and we have an important event ( budget) ahead....

Smart_trade

 

[Smart_trade]

It is better to check Combo and sequential on Nifty spot (cash) index also as my charts are showing 1-2 days lag in cash charts...this can happen due to future/cash difference...in Sequential countdown.

ST

 

[vivektrader]

It is better to check Combo and sequential on Nifty spot (cash) index also as my charts are showing 1-2 days lag in cash charts...this can happen due to future/cash difference...in Sequential countdown.

ST

Sir, my count on combo and sequential which are 13 and 12 respectively are on spot, is there a data difference?

Vivek

 

[Smart_trade]

Yes,Sequential has done CD 12 on spot nifty....about 1 in between day the difference between close and 2 days back High is less than 1 nifty point...which is too small .Will check it again tomorrow.....

ST