Tom de mark sequential monitor for nifty50 stocks

[travi]

View attachment 45115

There is the TD Bear FLIP trailing levels 13568 for today and 1-D fwd looking 13683,
so 13683 is important level for long and use same 4-day rolling setup counts to trail.

For TD short as per TD Seq SL at 13730 but as i wrote i like to trail also using setup counts.

13568 where short triggered. scratching the trade if broken near mkt closing time but technically we're supposed to hold SL of 11730 but its pretty big so no point in gamble. If higher levels don't sustain then can re-open.
Daily still remains with -ve bias but mkt wide buying in last 2 days makes direction uncertain. ( no bearing on intra trades )

Observation: note how NS is bouncing around 13560 range
and DH the magical number is 13568.9 so far

 

[travi]

13568 where short triggered. scratching the trade if broken near mkt closing time but technically we're supposed to hold SL of 11730 but its pretty big so no point in gamble. If higher levels don't sustain then can re-open.
Daily still remains with -ve bias but mkt wide buying in last 2 days makes direction uncertain. ( no bearing on intra trades )

Observation: note how NS is bouncing around 13560 range
and DH the magical number is 13568.9 so far

NS around SL levels of 13730. 150pts saved is 150pts gained
This is the PA part of me. Sometimes we have to act fast when mkts are trending strongly and last 2 days globally indicated reversal.
Above 13568 becomes buy on dips and the story continues.

 

[travi]

Now damn 11730 that was SL acting as resistance. Made double top there.
Funny how mkts / price behave.
11750 is also our prev 4 day close.
Anyway, 1-Day fwd looking, ie. we will have a TD bullish flip tomo as close above 13328 is required.

 

[travi]

NS around SL levels of 13730. 150pts saved is 150pts gained
This is the PA part of me. Sometimes we have to act fast when mkts are trending strongly and last 2 days globally indicated reversal.
Above 13568 becomes buy on dips and the story continues.

So from there we have NS TD setup Sell bar #5 and 500pts clear Long side. Keep trailing at 13933.
Downside caution ( 1-D fwd ) 13982 intra.

small note: prev post typo. 11s are 13s. ( 13750,13730 )

 

[travi]

So from there we have NS TD setup Sell bar #5 and 500pts clear Long side. Keep trailing at 13933.
Downside caution ( 1-D fwd ) 13982 intra.

small note: prev post typo. 11s are 13s. ( 13750,13730 )

Thu was doji so 13982 remains and is S&R (stop-and-rev) level now.

 

[iwillwin]

Thu was doji so 13982 remains and is S&R (stop-and-rev) level now.

good put writing at 14k strike...unlikely to go

 

[travi]

good put writing at 14k strike...unlikely to go

In this method, we are not using discretion
but the potency of just using simple setup to identify trend and trend change is enough to make a lot.

 

[travi]

Thu was doji so 13982 remains and is S&R (stop-and-rev) level now.

Now sell setup Bar# 7 in NS and long tsl at 13982 with early reversal at 14018.

We may end up with TD 9-13-9 on NS which is rare i think, more frequent in stocks but since it is likely, it is noted.
2 more days to complete.

 

[travi]

and the contra trades of Airtel and ITC.
Airtel 410 -> 498 just shy of 500.
ITC 170 -> 199 just shy of 200.

Airtel. my #1 underdog making fresh breakout above TDST. Good for those with risk appetite.
Previous high was 600 so while Jio is facing some heat, this counter can benefit.

Whatever TD Seq Buy ( potential ) we see also recycled.

 

[jyotixxx]

@travi bhai, could u post the exact link of the indicator for Tradingview. I am getting with several such indicators.

Thanks