Tom de mark sequential monitor for nifty50 stocks

Bajajfinance, ST sir mentioned about:
Buy CD13 was completed sometimes back with qualifiers.
If you consider intersection,then CD 13 appears on exact low bar where a green arrow is shown.

In case of Guj Ambuja note that the market is not extended from the bottom,it completed 13 CD in a shallow sideways consolidation....so not a very high confidence sell.

Smart_trade
 

vivektrader

In persuit of financial independence.
If you consider intersection,then CD 13 appears on exact low bar where a green arrow is shown.

In case of Guj Ambuja note that the market is not extended from the bottom,it completed 13 CD in a shallow sideways consolidation....so not a very high confidence sell.

Smart_trade
Yes, I missed intersection in that.
Taking into account the discretion you mentioned above I think the below chart is a good buy:
 

vivektrader

In persuit of financial independence.
Is it a valid 9-13-9 setup?

Another point worth noting is the second setup wasn't perfect, so it again tested the lows for perfection.
 
Last edited:

Similar threads