Tom de mark sequential monitor for nifty50 stocks

[travi]

View attachment 35383


Pidilite Ind completed SCD 13 today

bhai this count is invalidated long ago in May when the TDST support is broken.
Look at the True Low from the Setup bars in March.

Always, look for SQ which show momentum direction, those that have such big corrections will spoil the rhythm and are not worth considering.

Now if you look at the most recent setup, it has completed a Sell setup on 29/05 and is at CD5 so we should expect price to go higher from here.

 

[shivroy]

Is there a specific reason why you use stochatics set to 5,3,3 ?

Being a newbie I am trying and learning new things, have seen someone using it on TJ, nothing specific.

 

[Dr.Vinay]

bhai this count is invalidated long ago in May when the TDST support is broken.
Look at the True Low from the Setup bars in March.

Always, look for SQ which show momentum direction, those that have such big corrections will spoil the rhythm and are not worth considering.

Now if you look at the most recent setup, it has completed a Sell setup on 29/05 and is at CD5 so we should expect price to go higher from here.[/QUOTE

 

[shivroy]

bhai this count is invalidated long ago in May when the TDST support is broken.
Look at the True Low from the Setup bars in March.

Always, look for SQ which show momentum direction, those that have such big corrections will spoil the rhythm and are not worth considering.

Now if you look at the most recent setup, it has completed a Sell setup on 29/05 and is at CD5 so we should expect price to go higher from here.

Thank you sir for explaining.
Need to spin my head around what you said.
Its bhehen not bhai sir.

Shivani

 

[Dr.Vinay]

Hi Travi ,

in case of pidilite setup cancalled on 14may as there were completion of buy setup before completion of CD13 of sell setup? can u confirm Plz.

Regards

Dr vinay

 

[travi]

Hi Travi ,

in case of pidilite setup cancalled on 14may as there were completion of buy setup before completion of CD13 of sell setup? can u confirm Plz.

Regards

Dr vinay

From the data I see, 14-may is setup bar 8, but this opposite setup did not complete and 15-may bar cancels that Buy setup itself.

 

[shivroy]

bhai this count is invalidated long ago in May when the TDST support is broken.
Look at the True Low from the Setup bars in March.

Always, look for SQ which show momentum direction, those that have such big corrections will spoil the rhythm and are not worth considering.

Now if you look at the most recent setup, it has completed a Sell setup on 29/05 and is at CD5 so we should expect price to go higher from here.

Sir,

If any bar of the SCD closes below the true low of the set up, does it breaks the TDST level and invalidate the count?

Thanks

Shivani

 

[travi]

Sir,

If any bar of the SCD closes below the true low of the set up, does it breaks the TDST level and invalidate the count?

Thanks

Shivani

Yes.
If you see, the CD phase doesn't have its own cancellation parameters because bars can be deferred.
so two things we need to note,
1. No opposite setup should be formed
2. The TDST support ( or Resistance for BCD) levels should be respected.

Occurrence of either of the two indicates that momentum and direction of mkt has changed.

 

[Dr.Vinay]

From the data I see, 14-may is setup bar 8, but this opposite setup did not complete and 15-may bar cancels that Buy setup itself.

same here,but cancel sign shown below S8. Thanks for reply

Regards

Dr vinay

 

[sunilshimar]

Hoz about Equitas holdings without intersection.

Sorry it was wrongly mentioned without interesection.
Fut 138.20 to135.40 till now