Tom de mark sequential monitor for nifty50 stocks

[travi]

Today was a bit of a shocker from FED, so tracking the NS trade. BN didnt confirm so no trade there.

 

[travi]

All major NSE indices that completed CD 13 have flipped today.

 

[travi]

Tracking US Indices too DJI / NDX100. Both completed CD13, still haven't flipped.

For me the tech index (N100) is of most interest bcos that's where the gains were largest and probably where the froth is. Top 10 stocks in S&P500 account for 35% of total mkt cap.

 

[aaru]

They just did.. ?!

 

[travi]

They just did.. ?!

yes, US Dow/S&P500 did except N100 which missed by few points.

N100 flip level for today is 16624 and ltp is 16554 so that is resistance now.

 

[aaru]

Pullback done?
Deep pullbacks wide stops without a bear market yet

 

[travi]

Pullback done?
Deep pullbacks wide stops without a bear market yet

bhai, you learn the system
then there will be no doubt. Idhar running commentary nahi h SM jaisa

 

[aaru]

Haha.. yea wrong thread !

 

[travi]

After TD sell flips(17-jan), bar# 2,3,4 were range bound small higher highs etc, but today bar #5 is strong trend continuation. Now all eyes on US indices.

 

[timepass]

After TD sell flips(17-jan), bar# 2,3,4 were range bound small higher highs etc, but today bar #5 is strong trend continuation. Now all eyes on US indices.

So, basically, more downside expected ? Unless a strong event changes it (?budget?)