Tom de mark sequential monitor for nifty50 stocks

[vivektrader]

Ab free hua mein.

Just a recall, not RIL case specifically, TD Setup Recycles the CD if we get a setup count of 18.

Now can we settle this setup count and True Range of RIL as it has two sell setups.

I think there is difference in data. These values are from TV.

View attachment 42751

S1 and S2 are the two setups.

H9/L9 are the Highest High/Lowest Low of setup 9 bars.

SH/SL are HH/LL of Setup count.
In 1st setup, there are 11 setup bars.
in 2nd setup, the setup count actually runs up to 17. Whatta run !!

D9 and DS are the setup range, ofc, as per rule we need range of setups, not just the first 9 but a comparison.

Now only the values should tally, bcos the 2nd setup is larger by few points.

Check that you have taken true low into account which for first setup was the close of bar preceding setup bar 1.


Vivek

 

[travi]

NS is Sell CD11 on TD Seq intraday today.
10300-10500 maybe tough grinding zone even though 11k is a TD resistance, but that look's too far from here.

Depends on how banks behave, 22k on BN is easily reachable.

 

[travi]

Dr Saab, For NS
considering the 1st Sell setup on 07-04, 1st bar is a gap to PD bar

so in this case the true range low will be PDC of 8084?
And the H anyway is 9390.
2nd setup bar9 is printed but not extinguished but currently the setup sizes are:
1 st) 1306.2
2nd) 1207.7

hence the 1st one is still active and CD12 intraday.

 

[travi]

Also partial confirmation of slight top out when other scrips follow the suit.

All based on visual only,
Britannia - CD13, marico also flipped

dreddy - cd13
Pharma - most in high CD count ( Glen, sun, Bioconm lupin, tornt, auro, )

sbilife - CD13
RIL - high CD

Only financials are barely in CD phase, most completed only setup but this is subdued sector.

 

[TraderBharath]

Also partial confirmation of slight top out when other scrips follow the suit.

All based on visual only,
Britannia - CD13, marico also flipped

dreddy - cd13
Pharma - most in high CD count ( Glen, sun, Bioconm lupin, tornt, auro, )

sbilife - CD13
RIL - high CD

Only financials are barely in CD phase, most completed only setup but this is subdued sector.

Bro, your whole setup is based on TD or is it a combination of others too.

 

[travi]

Bro, your whole setup is based on TD or is it a combination of others too.

TD is not a single system, there is Seq, Combo, Waves etc trading 9s, TDST trades and many other pattern matching also.

i prefer TD Seq bcos it factors the sideways a bit better imo and is suitable for Indices.

When momentum is very strong, combo works well and is better suited for stocks as they move independently.

I dont have much in combination but i do take in a/c mkt trend & strength, sector strength etc along with some PA but not indicator based.

 

[travi]

Don't see any meaningful count on the DOW.
Any inputs ?
there is a setup formation like NS in the last 10 days.

 

[travi]

US S&P 500 more realistic
But momentum far stronger than our NS.

 

[jd1234]

Anybody has backup of this thread then please provide.

 

[travi]

Check that you have taken true low into account which for first setup was the close of bar preceding setup bar 1.


Vivek

RIL potential Sell Seq CD13 today. Ofc we have to wait for confirmation of top