AMGO_Markets

AMGO_Markets

As shown, in the chart drawing, there are zones diclosed as per my understanding of price action. Let's see what we come accross tomorrow.

AMGO_Markets

The Nifty IT index was side-ways for whole Sep to Oct 24, except during last 3 trading sessions, it has managed to place it self in the different trading range as shown in the chart drawing. So, I though it will be worth revealing this chart.

AMGO_Markets

I have tried to explain every thing on the chart. lt is a broad based view based on significant levels existing on quarterly and monthly levels. For, immediate trading one month look at weekly and monthly levels.

AMGO_Markets

By the last Friday nifty has achieved a target reaching the monthly support zone. Positionally nifty weekly significant zone is far to near to be breached, in coming week. Naturally Nifty 50 attempted it with due deligence but in the end failed to achieve it clean. Bank Nifty the major component of Nifty 50, has all together a different structure monthly and...

AMGO_Markets

Nifty 50 being broad indice, one must observe the the structural difference in zones between BNF and Nify 50. I guess chart is clear enough ...

AMGO_Markets

In continuation, with my earlier post, the lower support which was happened to be a monthly zone has alredy been achieved. So, it is necessary to show one more support zone, as we are still awaiting a october monthly close. Few more trading sessions may reveal a true path now.

AMGO_Markets

Everything is discussed in chart drawing. I feel Nifty 50 is trading well below the quarterly significant zone and feel suspicious still about the rise, it witnessed during the last trading session after the fall initially. I follow Indian quarterly and financially yearly performance. As per my understanding, I am publishing my views. Note: It is not the...

AMGO_Markets

I see a support o 82700 /82500 as sensex support for the today's expiry, based on my views and understanding of the current market situations. Rest .. Happy anaysing

AMGO_Markets

Nifty 50, the broad market index, as shown in the chart drawing, today has reacted from the value area. Stock market is always a hope for investors, finding a long is the key scenario. I will keep my figures crossed as nifty has reached value area firstly and also have reacted from the same area, one can see the reaction intraday today. I am still hopeful...

AMGO_Markets

As disclosed in the chart drawing, this index is approaching the value area and looks to be a better choice for study purpose.

AMGO_Markets

As disclosed in the chart drawing, MNC index looks good proposition for an investment, as it is approaching the value area again. It will be good to watch this index for study purposes.

AMGO_Markets

As disclosed in the chart drawing, the value area is marked herewith to show the buying interest which may or might turn out to be genuine index to be watched for study purposes. Let's watch it for study.

AMGO_Markets Updated 

As per the price volume confirmations, a value area as shown in the chart drawing might have been formed and now this script as per my understanding is worth for study purpose observations. It will be interesting to wach this script in near future.

AMGO_Markets

This script is hovering around the value area, exiting enough to be added in the watch list for the study purposes.

AMGO_Markets

This script is trading above the value area and now attracts me to add itself in the watchlist. Good to be watching it for the study purposes.

AMGO_Markets

There can be a range bound long trade in the script as it is reacting around the value area. It will be exciting to add this script in watch list for study purposes.

AMGO_Markets

This script as shown in the chart drawing seems to be reacting well around the value area. Adding it in our watch list for study purposes will be exciting, theme.

AMGO_Markets Updated 

After a breakout this script is testing back the support zone. It can be a long trade with defined stop loss for nearest target as shown in the chart drawing.