AMGO_Markets

AMGO_Markets

Nifty Broke 11383, So, I Declare, My present understanding of the Nifty Structure was wrong.

AMGO_Markets

volumetric Positive BMI: Positive Nifty 50 Nifty 500 Sectorial Indices: Positive Nifty Bank Nifty Financial Nifty Auto Nifty Energy Nifty IT Nifty Media Nifty Metal Nifty MNC Nifty Pharma Nifty Psu Bank Nifty Reality Sectors Volumetric Negative: FMCG Note: I have not been able to analyze CPSE PSE

AMGO_Markets

Just an Insight: A good friend of mine having a small account, apparently concentrating on only intraday trading for a year and half with not much of a result, although having great capability to analyze as far as my knowledge is concerned about him. But for last 30 trades batch he followed a business model as following. Capital infused: Rs.15000/- Stop loss per...

AMGO_Markets

nifty data update EOD18.9.2020

AMGO_Markets

Bank Nifty Corrected analysis.....

AMGO_Markets

After good opening, the day proved out to be highly volatile and nifty came down at balance point 11470. Consequently it has recovered from that point. Liquidity and volatility are important aspects to be considered while building position which should have mechanism to handle both. Overall, structurally nothing has changed as such. Market in a mood to spend more time.

AMGO_Markets

Fairly decent opening to match original Hypothesis

AMGO_Markets

Just an insight about Dow Index with chart patterns and support resistance.

AMGO_Markets

As per NSE data today's candle is just non significant candle, there is no change in any structure as such with todays price movement on daily TF. Will see tomorrow what is the follow up we get. Still equation is the same.

AMGO_Markets

Just an insight about support and resistance

AMGO_Markets

After two days of decent Batting... Player is returning to the pavilion for a bit of rest and liquidity test. Again suggestion is no positional shorting till structural key support breaches.

AMGO_Markets

As discussed in earlier posts nifty showed positive follow up consecutive two days after testing liquidity zone of 11225 to 11060. As nifty broke one more intermediate resistance of 11585, and considering the today's NSE data, support might have shifted to 11383 and next intermediate resistance will be at 11795 with a target of 12030++ as per all previous...

AMGO_Markets Updated 

It seems nifty has trapped intraday shorts, if so confirmation will come if nifty crosses 11560.

AMGO_Markets

Attributes and Variable of the Financial Markets Part 6: Price, Volume, Liquidity and Volatility are the market attributes. Business Module, trading Edge, Discipline and trading method are our attributes. Business model: Includes capital infusion, risk appetite, winning ratio and reward over the set of trades. Scalability of business model after certain set...

AMGO_Markets

Today after opening in positive territory nifty did manage to close above 11470 and 1st day follow up was good after yesterday's retracement which was sharp enough to tempt a positional short. Let's see if tomorrow we manages to close above 11560.

AMGO_Markets

Price opened above 11470 and trying to sustain above that.