Tom de mark sequential monitor for nifty50 stocks
- Thread starter vivektrader
- Start date
- Tags nifty50 stocks positional trading swing trading tdst tom demark
Yes. read about TD bullish/bearish Flip.
So in this context where we have a potential reversal to current trend.
Can be used in 2 ways, as a TSL and if key level then warrants shorts.
In last 3-4 months, the momentum is so strong upside that i've used PEs rather then naked shorts and it seems to be more risk controlled.
Ofc, momentum at 10k and 12k varies, economic conditions doesn't warrant NS to be at 15K levels next week
So in this context where we have a potential reversal to current trend.
Can be used in 2 ways, as a TSL and if key level then warrants shorts.
In last 3-4 months, the momentum is so strong upside that i've used PEs rather then naked shorts and it seems to be more risk controlled.
Ofc, momentum at 10k and 12k varies, economic conditions doesn't warrant NS to be at 15K levels next week
View attachment 44567
Taking support, already at CD10, ofc we wait till TD Seq CD13 usually. Plus a bullish flip.
Not the best sector to be talking about but mkt looks to have priced in huge 5G capex costs.
Airtel after correcting 30-35% is a good place to look at entry. As i wrote earlier, there are only two contra bets i have and dont intend to up the number.
1. Airtel 2. ITC Cant afford #3. <- so LT out.
I believe we wont have a monopolistic telecom industry, at best 2, and cant keep all the eggs as they are in the other's basket
they priced their basket quite heavily. So those who wont align with RIL will have Airtel.
Two large blocs.
Enough blah blah! Time will tell the trade's outcome.
Taking support, already at CD10, ofc we wait till TD Seq CD13 usually. Plus a bullish flip.
Not the best sector to be talking about but mkt looks to have priced in huge 5G capex costs.
Airtel after correcting 30-35% is a good place to look at entry. As i wrote earlier, there are only two contra bets i have and dont intend to up the number.
1. Airtel 2. ITC Cant afford #3. <- so LT out.
I believe we wont have a monopolistic telecom industry, at best 2, and cant keep all the eggs as they are in the other's basket
they priced their basket quite heavily. So those who wont align with RIL will have Airtel.
Two large blocs.
Enough blah blah! Time will tell the trade's outcome.
[ Airtel ] +10% upLT doing well too.
you need to read more of the recent posts post #2034
I also wrote the same but we're trading TDST support / resistance and setup bars too
Most of the trades i average in so had it gone lower we could add bit more. Volatility times cant give clean entry like text book CD13.
PA has always been part of trading analysis so it was the same inference similar to having setup complete just short of TD sup/res or break through that level.
post #2034I also wrote the same but we're trading TDST support / resistance and setup bars too
Most of the trades i average in so had it gone lower we could add bit more. Volatility times cant give clean entry like text book CD13.
PA has always been part of trading analysis so it was the same inference similar to having setup complete just short of TD sup/res or break through that level.
you need to read more of the recent posts post #2034
I also wrote the same but we're trading TDST support / resistance and setup bars too
Most of the trades i average in so had it gone lower we could add bit more. Volatility times cant give clean entry like text book CD13.
PA has always been part of trading analysis so it was the same inference similar to having setup complete just short of TD sup/res or break through that level.
post #2034I also wrote the same but we're trading TDST support / resistance and setup bars too
Most of the trades i average in so had it gone lower we could add bit more. Volatility times cant give clean entry like text book CD13.
PA has always been part of trading analysis so it was the same inference similar to having setup complete just short of TD sup/res or break through that level.
Well done and best wishes.
Vivek
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