Tom de mark sequential monitor for nifty50 stocks

[travi]

Are all bearish and bullish flips also traded/ tradeable in TD Seq, sir? Or is it because some other condition has already been satisfied in this particular case?


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But let us put it in conjunction now.

So NS CD13 has appeared. We need to have a red bar closing to go short and SL in place ( 13598 true H of CD + H-L of true H bar) ~13730.
( small edit here: read two approaches for entering post CD13. Conservative example. of Abbott trade we wait for Bullish Flip, and the std way would be red bar or lower pdc etc )

Now lets say today itself we got red bar, and TD bear flip, then the short would just increase our confidence in the new trade and we would enjoy riding it down also. It would indicate strong momentum in direction of trade.

But today mkt reversed and a strong green bar so we're still cautious that's all. And mkt will not necessarily complete TD Buy setup but at that time our last setup count level can act as TSL.

 

[pdhanalashmi]

It is close of today < close 4 days back......in travi's post there is typo error. Instead of 11529, read it as 13529 in Nifty index. So if we close today below 13529 in Nifty, there will be a flip.

Sir ji,
I have a doubt...
Whenever a bear flip occurs after the 13 th countdown bar , can we enter short?
If short , where to keep the SL?
SL in intraday basis or EOD?

Please clarify, thanks in advance.

 

[pdhanalashmi]

It is close of today < close 4 days back......in travi's post there is typo error. Instead of 11529, read it as 13529 in Nifty index. So if we close today below 13529 in Nifty, there will be a flip.

Sir ji, just now read travi sir's post about SL calculation. Got an idea about SL. Sorry for disturbing you sir.

 

[travi]

Sir ji,
I have a doubt...
Whenever a bear flip occurs after the 13 th countdown bar , can we enter short?
If short , where to keep the SL?
SL in intraday basis or EOD?

Please clarify, thanks in advance.

Best on daily, I'm not using weekly much but good for reference bcos mkt cycles suit these two.

You will not have patience for monthly

TD Setup counts do nice in intra like 5m, 15m but I'm using PA.

 

[pdhanalashmi]

Best on daily, I'm not using weekly much but good for reference bcos mkt cycles suit these two.

You will not have patience for monthly

TD Setup counts do nice in intra like 5m, 15m but I'm using PA.

Thanks a lot sir.

For intra , I hope you are mentioning the way explained by smart_trade. ( I'm missing the chart).

One more query... What is PA

 

[travi]

Thanks a lot sir.

For intra , I hope you are mentioning the way explained by smart_trade. ( I'm missing the chart).

One more query... What is PA View attachment 45076

PA = price action

TDST are formed using TD setup True Lows & True Highs.
Blue and red lines are Ress / Supp lines.
so yes, that's the jist of it but this is a TD Sequential thread so we're on daily TF usually.

This is TCS-5m chart

 

[travi]

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.

13650 at open, live example of +120pts on NS

 

[travi]

Ok, now since we were talking about weekly,

following is NS weekly chart marked.

As discussed earlier, very rare to get Full Seq Buy setups in weekly / monthly bcos of short & brutal nature of bear mkts vs slow and steady bull mkts.

On weekly, NS is heading to complete a Weekly TD Seq Sell CD as it looks.
2 Setups, S1 & S2, are marked but S2 is on-going so cannot apply the 1.6 rule for active setup.

S1 true range is ~ 2200 with Ix and Px
and S2 is ~2400 ongoing, only Px no Ix. has been a runaway mkt in Q3 this FY.

Interestingly, we see that weekly NS is also at CD12.
( I'm not a flag bearer of bad news though )

 

[timepass]

Ok, now since we were talking about weekly,

following is NS weekly chart marked.

View attachment 45080

As discussed earlier, very rare to get Full Seq Buy setups in weekly / monthly bcos of short & brutal nature of bear mkts vs slow and steady bull mkts.

On weekly, NS is heading to complete a Weekly TD Seq Sell CD as it looks.
2 Setups, S1 & S2, are marked but S2 is on-going so cannot apply the 1.6 rule for active setup.

S1 true range is ~ 2200 with Ix and Px
and S2 is ~2400 ongoing, only Px no Ix. has been a runaway mkt in Q3 this FY.

Interestingly, we see that weekly NS is also at CD12.
( I'm not a flag bearer of bad news though )

I don't understand it much, but basically you are advising increased caution, right ?

 

[travi]

I don't understand it much, but basically you are advising increased caution, right ?

yes, we're over-extended on Daily and weekly now. Both are coinciding.
But as noted by many, in the last counts of CD, ie. 10-11 onwards, the euphoria is very high and one can see strongest momentum in that zone.