Tom de mark sequential monitor for nifty50 stocks
- Thread starter vivektrader
- Start date
- Tags nifty50 stocks positional trading swing trading tdst tom demark
Small update, yest CD11 as of previous day in NS closed Higher and went on to post CD12 (EoD).
so today we are potentially looking at a CD13 close if the NS close is higher than 13549.
Didn't expect counts to come so fast consecutively, but this does not mean dip becomes crash
so today we are potentially looking at a CD13 close if the NS close is higher than 13549.
Didn't expect counts to come so fast consecutively, but this does not mean dip becomes crash
Also, NS will have a bear flip if it fails to close above 13529.
Mkts do things when they're least expected. The front-running LCs have cooled-off or flattened for quite some time so the next leg of the mkt is awaited.
Edit: Corrected typo of 11529 to 13529
Last edited:
Ok, when that happens the count down to bear start 
Guys pls observe, i cant quote all my old posts,
but observe how price behaves around potentially important TD price levels.
11529 is no special number but a close above/below makes a significant change in the counts.
NS just turned from 11526 and began moving lower after a strong pullback.
This price behaviour occurs time and again when TD setup counts can be potentially halted.
Useful when we trade setups alone like in trades taken few months ago.
No biggie, no bias above it bullish, below it bearish. simple.
but observe how price behaves around potentially important TD price levels.
11529 is no special number but a close above/below makes a significant change in the counts.
NS just turned from 11526 and began moving lower after a strong pullback.
This price behaviour occurs time and again when TD setup counts can be potentially halted.
Useful when we trade setups alone like in trades taken few months ago.
No biggie, no bias
above it bullish, below it bearish. simple.
Guys pls observe, i cant quote all my old posts,
but observe how price behaves around potentially important TD price levels.
11529 is no special number but a close above/below makes a significant change in the counts.
NS just turned from 11526 and began moving lower after a strong pullback.
This price behaviour occurs time and again when TD setup counts can be potentially halted.
Useful when we trade setups alone like in trades taken few months ago.
No biggie, no bias above it bullish, below it bearish. simple.
but observe how price behaves around potentially important TD price levels.
11529 is no special number but a close above/below makes a significant change in the counts.
NS just turned from 11526 and began moving lower after a strong pullback.
This price behaviour occurs time and again when TD setup counts can be potentially halted.
Useful when we trade setups alone like in trades taken few months ago.
No biggie, no bias
above it bullish, below it bearish. simple.
Sent from my iPhone using Tapatalk
As per textbook, "No", there is no such thing but from experience you will get a feel.
It is just used in daily timeframe to draw a divide b/w the bulls and bears, you will generally get a good fight at that price level.
Its just like any other indicator, where u say above 50DMA im long and below short. something like that.
So you would know using the setup counts just like the DMA example where you're long or short. This eliminates the need for other indicators like MAs, pivot points etc.
( If i was TD himself, i would feel insulted using other indicators alongside
)
Re-iterating, it is my observation that there is strong fight around a setup level that it makes / breaks. And it is dynamic, so you dont need to chart anything, just refer to past 4 day close for current day, and past 3 day close for forward looking 1-day.
Live example:
Today's past 4-day close is 13529 so lets say we went long over it. Now we are profitable
And 3-day close ( 1-day forward looking ) is 13478, so for tomo im carrying this long and im comfortable upto 13478 and will act like a SL / stop-and-reverse level.
It is just used in daily timeframe to draw a divide b/w the bulls and bears, you will generally get a good fight at that price level.
Its just like any other indicator, where u say above 50DMA im long and below short. something like that.
So you would know using the setup counts just like the DMA example where you're long or short. This eliminates the need for other indicators like MAs, pivot points etc.
( If i was TD himself, i would feel insulted using other indicators alongside
)Re-iterating, it is my observation that there is strong fight around a setup level that it makes / breaks. And it is dynamic, so you dont need to chart anything, just refer to past 4 day close for current day, and past 3 day close for forward looking 1-day.
Live example:
Today's past 4-day close is 13529 so lets say we went long over it. Now we are profitable
And 3-day close ( 1-day forward looking ) is 13478, so for tomo im carrying this long and im comfortable upto 13478 and will act like a SL / stop-and-reverse level.
Last edited:
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