Tom de mark sequential monitor for nifty50 stocks

yes, both NS and BN
Aren't the flips coming too quickly ? Hardly 600 pts range on the nifty for the bear or bull flip. I wonder if 3% is a good enough flip.

How is it looking on the weekly ?
 

travi

Well-Known Member
NVDA closses at 721.28 vs the required 721.85 which i wrote as 722
CD13 didn't print, but US indices have all got bear flip now.
Nvidia completed CD13 on Thu and there was bearish close on Fri.
(im impressed even though TD failed a few times this year in nifty/BN, but TD prevented calling short 2 weeks back :DD )

Could this be its top? Fri PA suggested aggressive selling to 790. SL is 830

US indices are still positive though.
 

travi

Well-Known Member
Travi sir, bearish flips on both Nifty and Bank Nifty have been confirmed?
yes, but didnt post bcos NS has a gap for tomo's bar and even small drop can still have bull flip.

So if you go back to very old posts, always do forward looking 1 day to see tomo levels. So NS flipped bear today but tomo for bar #2, we need close below 22028.
just saying :DD which also means uncertainty so one can wait for a day or 2, and let a trend emerge.
 
yes, but didnt post bcos NS has a gap for tomo's bar and even small drop can still have bull flip.

So if you go back to very old posts, always do forward looking 1 day to see tomo levels. So NS flipped bear today but tomo for bar #2, we need close below 22028.
just saying :DD which also means uncertainty so one can wait for a day or 2, and let a trend emerge.
How do N and BN show on the weekly ?

As mentioned elsewhere, Nifty is getting to be a fight club around the January highs.
 

travi

Well-Known Member
Nvidia completed CD13 on Thu and there was bearish close on Fri.
(im impressed even though TD failed a few times this year in nifty/BN, but TD prevented calling short 2 weeks back :DD )

Could this be its top? Fri PA suggested aggressive selling to 790. SL is 830

US indices are still positive though.
NVDA has bear flipped, and down from 790 breaking 780, at one point even touched 770.

US indices bear flipped in last trading session.
This indicates lot of caution especially with BN in bear grip and NS also bearish.
 

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