mrkstocks

mrkstocks

For learning only.. can banknifty reach 35000 - 50% of current move? History tells it can!

06:53

mrkstocks

Longterm NIFTY Analysis for reference. Just for learning

mrkstocks

This stock is looking crazy! Adding to watch list!

01:16

mrkstocks Updated 

Reasons: 1. #USDJPY is above the last resistance 2. #USDJPY is between BB(3.2) & BB(1.61) + RSI is > 60 - Bullish 3. As per this setup - entry is around 110.11 , SL: 110.00. Target: 110.32 4. Risk:Reward = 1:2

mrkstocks Updated 

With 110.19 as SL, going to take SHORT position, after watching current 1 hour candle. There is resistance in this area. Ideally, 1HR candle should come below BB(1.612) line and close below it for entering a trade. RSI is on the positive side, but there is divergence. Waiting for 1 hr to get confirmation, to take trade.

01:43

mrkstocks Updated 

This looks short, as RSI is showing weakness, the price moved from 3sigma to 2 sigma range - from high to low. Supertrend is also there indicating resistance. Took position for short here

00:55

mrkstocks

BANKNIFTY Analysis for next week expiry, expecting 600 to 700 points fall. Based on the technical analysis.

01:27

mrkstocks

Those white and black candles indicate large volumes in 5 mins. Where smart money is involved. As per this study, big fall possible below 24200. Big up move possible above 24800. Till then range bound move is anticipated. However with in the range big candles can form, as both buyers and sellers are in fighting mode. Those lines can act as support &...

04:22

mrkstocks Updated 

I suddenly noticed this opportunity on bit coin for short. It is completing a deep correction upto 87% on recent fall, which actually changed the expectation to down on 15 mins. This is weekly Swing trade. Details inside video

07:48

mrkstocks

My attempt to use and understand structure analysis and market harmony with simple ABCD pattern worked. Trade closed successfully. During the trade I made entry at 38%, 50% retracement of AB line. However price made a deeper correction to 87%. Initially I drew my CD line from 50% retracement which gave target of 9700. But later adjusted it match the 87%,...

05:38

mrkstocks Updated 

A new low is made, so I had to update the target.

05:50

mrkstocks Updated 

So, BITCOIN did take support - now moving according to plan. It did a 100% retrace of the previous micro down move. Now going towards target. Hoping this trade will conclude today, as the price broke the GANN fan. It is little bit on it's own.

11:27

mrkstocks Updated 

Tried to apply my learning of structure analysis on GOLD. GOLD already done AB-CD pattern. But, the really sellers may come around 1800 - 1870 levels. From there I am expecting a correction to 1650 range (38%) of recent move. I did not try to estimate time.

05:07

mrkstocks Updated 

Update to my bitcoin trade using Structure Analysis. Target also changed.

03:44

mrkstocks

Expecting BANKNIFTY to reach 19000 on Monday. Details explained in the video.

03:21

mrkstocks

The trade may materialize only if we see a decision candle downwards. Right now trend is up. I will watch 31.5 range very closely, and if you see an inverted hammer or anything that indicates bearish strength you can consider for short.

00:47

mrkstocks Updated 

It is going through complex correction. Still respecting GAN Fan, also support is there. Gave opportunity to add some more lots. SL did not break.

mrkstocks

US OIL is technical short