AMGO
Short

EOD 29/03/2016 NIFTY OVER ALL SHORTS SEEMS TO BE WORKING

NSE_EOD:NIFTY   NIFTY 50
108 4 4
8 months ago
EOD             29/03/2016 NIFTY             INTRA DAY LOW OF 7583 MATCHES EXACTLY WITH FIBBO EXTENSION I HAVE USED FROM NIFTY             BUDGET DAY LOW OF 6826 TO 7583 ON 14/03/2016.

ALSO SEE THE THE RED TREND LINE I HAVE DRAWN JOINING 6826 & 7405. NIFTY             ON 28/3/2016 BROKE THIS TREND LINE. TODAY ALSO FAILED TO BOUNCE BACK ABOVE THIS TREND LINE.

TREND LINE & CHANNELING CAN HELP TRADING SETUP. APART FROM WHATEVER TECHNICAL ANALYSIS WE FOLLOW.

DUE TO RESTRICTION BECAUSE OF DAILY CHART I AM NOT ABLE TO SHOW OTHER TREND LINES & CHANNELING.

BUT YOU CAN SEE THAT ON MY SITE ADDRESS IS https://amgonifty.wordpress.com/
8 months ago
Comment: EOD 31/03/2016 NIFTY SHOWN CORRECT CHANNEL & TREND LINE BASED MOVEMENT. TO SEE THE CHART VISIT https://amgonifty.wordpress.com/2016/03/31/eod-3132016-nifty/
8 months ago
Comment: An interesting post on my blog.

https://amgonifty.wordpress.com/2016/03/31/an-essay-on-driving-as-a-closest-synonym-to-finacial-market-trading-by-amol-gore/
8 months ago
Comment: EOD 01/04/2016 NIFTY
As expected in our earlier report nifty opened gap down & during a volatile session nifty made a intraday low of 7667 & high of 7339. In all it was a good session for trading.
I have marked cycles on the chart. After making low of 7667 nifty retraced exactly 50% fibbo level of whole fall fro 7777 to 7667.
Conclusion: Most probably positional shorts will work on Monday. If the retracement of nifty is not complete at 50% level then nifty 1st it will retrace to 62% to 78.6% level which are 7735 to 7759. Then selling pressure may come. Stop loss for positional shorts is nothing but 7777 nifty recent high.

See the detailed chart at https://wordpress.com/post/amgonifty.wordpress.com/98
djhimmu
8 months ago
hey thank you , thats really working out
Reply
AMBRISH
8 months ago
Thanks, unable to read comments on your blog.
Reply
AMGO AMBRISH
8 months ago
Yes you are correct. I tried to enlarge the image. So instead now I have added PDF links to download chart in PDF format. You can download it & then chart will be clear to you.
Reply
AMBRISH AMGO
8 months ago
Thanks for adding PDF link.
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