AMGO_Markets

AMGO_Markets

Bank of Baroda seems to be holding the strong support zone as of now as disclosed in the chart drawing.

AMGO_Markets

As disclosed in the chart drawing, I feel, strongly that, nifty 50 has reversed from last possible resistance line and now is being trapped in the range. It will be still a wait and watch as of now for future trend. May be, next week may give me some clues.

AMGO_Markets

As described in the chart drawing, I have used indicator 1st time in my entire posts in trading view. Indicator is a modified version of RSI on weekly TF. Zone hitting and crossover from zone from down to upper side has resulted in huge gains as of now. But when to book the profit is the question unanswered as of now.

AMGO_Markets

As the script had a dramatic fall yesterday, now it seems to be a must watch for next few days. As described in the chart drawing, I feel like immediate trading range is clear.

AMGO_Markets Updated 

Chart looks to me like going long with targeting almost 10 to 11 % up move in a swing.

AMGO_Markets Updated 

As disclosed in the chart drawing, bharat forge today reacted from correct area. Looks like, good long candidate.

AMGO_Markets

After a considerable correction now it appears good near the marked zone for a possible long candidate.

AMGO_Markets

As the new FY caused surge in Nifty quite a lot on upper side, immediate trading ranges are appearing as shown in the chart.

AMGO_Markets

After showing strength from the consolidation zone, it appears to be a good range bound stock with a positive target.

AMGO_Markets

After today's opening I feel ubl to be a long candidate for near future.

AMGO_Markets

I assume long trade in adani enterprises after testing the accumulation zone.

AMGO_Markets

We are already in a new FY and nifty 50 instead reaching to my earlier assumed support zone, has bounced back sharply. As of now, after a good rest for last 25 days, almost, I am trying to analyze present trading range for the Nifty 50. It is a really a broad range as such, but to start with I am going consider this range to start new FY.

AMGO_Markets Updated 

I accept that, I never took serious efforts watching BNF till now in entire my analyzing, history. Few, posts were there in the past but I accept they were not the serious attempt and was not the true justice towards analyzing BNF. This is the 1st serious attempt, I am making for myself to be more conversant with BNF with a hope BNF will support my effort.

AMGO_Markets

As, I revealed in my last update about BNF, and the immediate trading areas as marked in the chart drawing of my last update about BNF. I guess it worked well.

AMGO_Markets

As disclosed in my earlier posts also, I am visualizing nifty 50 to be side ways to bearish between 2 quarterly zones. As of now situation is the same. Considering that, its a fag end of the Fy year 22-23, and the last quarter of the year, resistance zone may change but not the not the support zones. Nothing else to be disclosed, as the status will be the same...

AMGO_Markets

Just few days to end FY 22-23 AY 23-24. A pause will, give as a nice breathe of fresh air I think.

AMGO_Markets

I am curious to know if any one can answer this question for me, I will be highly obliged..

AMGO_Markets Updated 

Nifty opened gap up but still I feel like major direction will continue on down side. As disclosed in chart drawing, positional target of 16755 is still pending.