INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
Orderblocks
EURUSD potetial BUY opportunityClosing price currently trade at 1.07978 a buy opportunity is envisaged from the current market price as we may continue to see price go up. Our Buy target TP1 is 1.08971 , TP2 is 1.09947. stop loss at 1.07714.
we can see a 50% retracement may come in upcoming days and now again after touching a long waited order block as mention in chart.
It's a good 1:72 RR trade.
I hope you will like my explanation.
it's just my analysis and you guys trade after your analysis.
SunTV| orderblock Demand Zone⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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Nifty Intraday Levels | 8-OCT-2024This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points:
1️⃣ Zones to Focus on:
👉Green Zone: Represents institutional support.
👉Red Zone: Indicates institutional resistance.
👉Gap Between Zones: Typically ranges from 100-200 points.
👉Zone Creation: Uses pivot points and Fibonacci levels.
👉Price Action: An advanced version for refined entries and exits.
👉Chart Reference: Trades are executed based on the Nifty futures chart.
2️⃣ Trade Execution:
👉Order Flow Data: Trades are triggered by tracking the market's order flow.
👉Timeframes: Focus on the 1-minute and 5-minute charts for quick scalps.
👉Risk-Reward Ratio: Strict 1:2 (Risk 1 to gain 2).
👉Strike Price: Target at-the-money (ATM) or slightly in-the-money (ITM) options.
👉Position Sizing: Customize based on personal risk tolerance.
3️⃣ House Rules:
👉Sharp Execution: Be ready at 9:15 AM for market open.
👉Risk Management: Always a priority.
👉Quick Trades: Fast execution "morning breakfast".
👉Strict Stop-Loss: Set at 10 points to limit losses.
This method is well-structured for traders who prioritize risk management and quick scalping opportunities in the Nifty market.
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Devyani International (W Bullish Pattern)Date : 10th April 2024
Time :12.00 PM
Devayani International is showing reversal from its usual support with other bullish indications.
As we can see ,
first of all W pattern is visible from strong support. also there is a bullish Divergence too.
Wave Count on Devyani is also looks like its time for ABC wave till depth of correction price level, which is 198 Rs.
Order Blocks on multiple time frame is also visible after last bullish movement.
With A Stop Loss of 150 Rs. [ i] We can Long Devyani Int.
Entry Zone will be 162 to 155 Rs with Target of 198 Rs
and RR is Minimum 1:3
HDFC BANK NSEDATE - 12th March 2024.
HDFC Bank has breakout today with good amount of candle size and volume too.
Applied Concepts
Chart P. - Inverted H&S
Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart.
Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed from FVG and gave confirmation for potential upside movement.
Targets
1st Target as per Chart P. is 1555 Rs.
and Further upside Target as per OB and FVG is 1700+.
Thank You!
Have a Good Day.
Valiant Organics NSE by KRSChartsDate: 24th April 2024
Time : 10:45 Am
Valiant Organics has been in my watchlist for a long time,
Finally, it seems like its Wave structure of downfall is finished with March low point.
Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target.
Apart from this There is a Double Bottom Chart Pattern is visible too with Bullish Div on Monthly TF with RSI.
More Confirmation had arise when on 1st April its Gap up and Now showing Positive Order Block on Weekly TF too.
SO, with a SL of 394 Rs. (D Closing Basis) we can long Valiant Organics for Target of 860+ Rs. But make sure if you want to little more safe entry it will be above POC line at any price.
USOIL ORDER BLOCK | LONG TRADE [SWING TRADE]Hi Traders,
This is Usoil 1hr + 4Hr Order block trade we can see Buying from
this level..
At this level we can see some Liquidty pool.
Here we can take trade with 5 min CHoCH.
5 min CHoCH is best to take Long Trade
Note - Only for education Purpose
Follow for Daily Forex Update
Don't Blink! Critical Market Update: Nifty50's Make-or-BreakoutDear followers, it's advisable to exercise caution in the Nifty50 at this time. A secure move beyond 22,100 would signal safety for further progression, but in the absence of such movement, anticipate a healthy correction. Exercise patience, closely observe the market structure, and make informed decisions as we navigate through this period.
UPL: Supply turned demandUPL(United Phosphorus Ltd.) has been declining over the past few sessions & has recently entered a supply turned demand area on weekly timeframe
Earlier in 2021, 650 was a key resistance and later on we saw a momentum filled breakout with high volumes after which the stock has been consolidating since then. For now 630 seems to be a good accumulation level as it has been tested as a support many time during this accumulation phase and below which we have higher chances of seeing further downside so it is a crucial level to watch for!
For value investors after such a long accumulation phases the breakout of the pennant can be a better opportunity as risk is high as per now.
On the fundamental side, the company has good amount of cashflows and is fairly priced at price to book ratio of 1.6 times
SETUP:
Entry near 630 keeping a strict stop loss near 595 & target up to 740 is a decent risk to reward setup.
Kindly do your own research. Thanks a lot for reading!
A Set & Forget EUR/USD Trade with the Trend: 24th of May 2023The EUR/USD has been fairly bearish over the last 3 weeks as evidenced by the consistent break of structures to the bearish side. With various fundamental factors against the Euro that supported the bearish price action such as the uncertainty behind further interest rate increases by the FED and the Debt Ceiling, this trade was able to generate returns on a 1:7 Risk to reward ratio and was executed during the London Market Hours
$FX: EURUSD
Technical Factors:
1)Bearish Supply Area identified from 1.0807 to 1.0808
2)Stop Loss of 6.8 pips and entry set at 1.0806
3)Single Target Price level set at 1.07516 was the previous structure's low
4)Major Level Break of Structure of 1.07675 that vindicated the Supply area
5)Liquidity pool below Supply Area of 1.07950 taken out by the retracement
Key Macro Factors:
1)Uncertainty for the EURO regarding the FED's future interest rate decisions
2)The lack of resolution as on the 23rd of May regarding the debt ceiling