WILL THIS ORDER BLOCK HOLD AND REVERSE THE PRICE OR NOTWhether an order block will hold and reverse the price cannot be guaranteed; while it indicates a potential area for price reversal due to accumulated buy or sell orders, several factors like market conditions, price action, and volume need to be considered to assess the likelihood of a reversal at that level
SMC
WILL THIS BEARISH ORDER BLOCK HOLD THE PRICE OR NOT.To evaluate whether a bearish order block will hold the price, it typically need to consider several factors, including:
1. **Market Context**: Understand the current market sentiment (bullish or bearish) and trend. Is the overall market in a downtrend, or is there potential for a reversal?
2. **Time Frame**: The significance of an order block can vary depending on the time frame you’re analyzing. Higher time frames (like daily or weekly) usually carry more weight than lower time frames (like hourly or 15 minutes).
3. **Price Action**: Look at the price action leading up to the order block. Is there momentum in either direction? Are there significant support or resistance levels nearby?
4. **Volume**: Analyze trading volume around the order block. High volume may indicate stronger conviction in the price action, while low volume could suggest a lack of interest.
5. **Market News and Events**: Economic releases, earnings reports, or geopolitical events can impact price behavior and may affect whether an order block holds.
6. **Liquidity**: Ensure that the market has enough liquidity to sustain price levels around the order block.
Always conduct thorough analysis and consider risk management practices in trading.
a bearish order block failed to hold the price in it. Here’s an analysis of the situation:
Bearish Order Block Defined:
The bearish order block is the last bullish candle before a significant downward movement, often acting as a supply zone where sellers are expected to be strong.
Reasons for the Wick Break:
Liquidity Grab (Stop Hunt): The wick could represent a liquidity grab, where price briefly breaks above the bearish order block to trigger stop-loss orders placed by sellers or to entice breakout buyers before reversing.
Market Imbalance: There could have been a need to fill orders at higher levels due to prior inefficiencies or imbalance in the market.
Strong Bullish Momentum: If buyers were dominant, the bearish order block might have failed to hold the price, albeit temporarily.
News or Economic Events: Unexpected news or data releases could cause a spike in volatility, leading to such wick formations.
Outcome of the Wick:
Following the wick, it seems the price returned below the bearish order block, indicating that it was likely a false breakout or liquidity grab, and the bearish order block remained relevant.
I also love to here more solutions from you. Feel free to comment...
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BTC Short setup for 04-12-2024 Looking for the short setup from two point of zone.
First zone is at 97k and second one is at 97800 levels as marked in chart.
BTC seems changing the direction for the shortterm correction till 87-85k levels.
Entries would be identified after finding the reversal setup as mentioned in the chart.
Trade with right risk and reward.
This is shared only for the educational purpose.
SMT between NIFTY and IT?Have been back-testing indulging in ICT/SMC concepts and have been noticing bearish SMTs/divergences being formed between BANK, IT and NIFTY (higher highs and lower lows) every time NIFTY proceeds to correct heavily.
Seeing how IT dumped relative to NIFTY's run today, I was hoping to find something like this.
Could be context to an incoming correction.
-GSS
USDZARUSDZAR seem to be programed not to trade below the 18.00 price. I would really like to see a small pull back before we shhot up, its gonna be a sniper entry or nothing, you can set an pending order for buy or patiently wait for manual execution. Remember to use pro risk management. Lets Download Success.
NASDAQ100US100 has shows us a will go down, this may a reversal from HH. we may see more sell offs right after the rectracement, our entries will be snipers entries or nothing, remember we have patience and we are wait for our time to come. All trades must be taken after retracement. Use proper risk management, Lets Download Success .
United Breweries Ltd for Long-Term investment?Starting date 01Jul2008
First low 01jan2009 @63.05 and it is low to All-Time.
All-Time High 03Jun2024 @2,182.45
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc.
The Co has a market share of 54% in the Indian beer market as of March 2022. In FY21, the Co unlocked the African continent by foraying into seven countries: Kenya, South Sudan, Ethiopia, Tanzania, Uganda, Democratic Republic of Congo and Seychelles. With this expansion, the Co now has a strong presence in more than 50 countries, and will continue to expand into similar such potential markets in the future.
In FY21, The Co leveraged its long-standing association with ‘Sunburn’, Asia’s biggest electronic dance music festival as a platform to promote home consumption. Kingfisher sponsored ‘Sunburn@Home’ which was streamed live on Facebook and Instagram, reaching 50 Million people. The Co also got associated with IPL cricket teams via two of its best-known campaigns, the iconic ‘Divided by Teams, United by Kingfisher’ campaign and the more recently launched ‘Kya Plan Hai’ campaign.
Kingfisher Storm has extended its footprint by entering the Northern markets of Delhi & Rajasthan. Amstel International, slow brewed Beer also continued its footprint expansion in Haryana, Telangana & Maharashtra which were added to the list of Amstel markets post the gradual unlocking in FY21.
Domestic- 99%
Export- 1%
The Co’s top 2 customers accounted for 33% of its total revenue in FY22.
Market Cap 54,601Cr INR, Stock P/E 133, Current 2,065INR, ROCE 13.5 %, ROE 10.1%, Debt to equity 0.02 Company is almost debt free.
Company has been maintaining a healthy dividend payout of 68.6% , Promoter holding 70.8%, Return over 3yr 13.9%, Return over 5yr 8.55%, ROE 3yr 9.35%, ROCE 3yr 12.7%, Industry PE 31.8, Net Profit 411Cr INR
I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
United Spirits Ltd for Long term Investment?Starting date 01Nov2006
Then after that he met his First High on 01Oct2007 @439.15
Then after that he met his First Low on 01Jan2009 @85.21 and that's an All-Time Low.
All-Time High on 03Jun2024 @1,334.85
If you are looking for an entry then it must be @796.70 - @730.95 because you can see a BOS & BOS comes with POI "MPOI" which means there will be mitigation @796.70 - @730.95 for LONG side.
Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.
USL has the highest market share of 25% in the Indian spirits industry It is the 2nd largest spirits company in the world. The company has ~45% market share in the Indian Whiskey market. Whiskey accounts for over 60% spirits sale in India.
USL has a comprehensive brand portfolio with more than 80 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka, and gin. Out of these, 9 brands that sell more than a million cases each year, of which 1 brands sells over more than 25 million cases each annually.
The Co. has a pan India manufacturing presence with more than 37 facilities and a distribution network of 70,000 outlets.
Market Cap 93,803Cr INR, Stocks P/E 68.2, Current price 1,290INR, ROCE 27.9%, ROE 21.0%, ROE 3yr 19.6%, ROCE 3yr 24.3%, Return over 3yr 25.6%, Return over 5yr 16.7%, Promoter holding 56.7%, Debt to equity 0.04% Company is almost debt free, Industry PE 31.8, Net profit 1,408Cr INR
This Company has a very good HOLD in this industry. And so I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
Intraday setup for tomorrow BPCLBPCL is on a short-term downtrend, although the trade will be fairly risky, but it might be a juicy one given Nifty is also looking weak tomorrow. The price is near an internal 15-minute order block preceded by a huge amount of unmitigated liquidity.
The price might tap into the liquidity and fall further down till it reaches the hourly timeframe OB.
NIFTY 50 VIEW FOR 9th APRIL 2024Nifty has been showing some strength now. Expecting it to continue moving up and create new ATH and make a new one. It can test the marked Demand zone 1 ( 22530 - 22459 )or Demand zone 2 ( 22193-22088) and then move up to take the ATH too.
THIS IS MY PERSONAL ANALYSIS FOR MY PERSONAL TRADING.
MIDCAP 150, 8th APRIL 2024Midcap Index is again approaching towards the ATH.
No major Demand zones have formed recently, so we can expect the price to take some support from the EMA's or the Demand zone marked ( 17821- 17677) and move up higher.
THIS IS MY PERSONAL ANALYSIS FOR MY PERSONAL TRADING NOT A TIP OR ANY TRADE RECOMMENDATION.
NIFTY FIN VIEW FOR 26.MARCH.2024Fin Nifty has covered the Imbalance. It also tested Demand zone ( 20485 - 20235 ) and then trying move up higher to fill the Gap area .But looking at the market conditions, it looks like it can break the Demand zone and move down lower.
THIS IS MY PERSONAL ANALYSIS, FOR MY PERSONAL TRADING.
IM NOT SEBI REGISTERED
FIN NIFTY Analysis For Today 19th March 2024Fin Nifty is showing a pullback now. Expecting the market test the Demand zone ( 20485 - 20235 ) and then move up higher to fill the Gap area .But looking at the market conditions, it looks like it can break the Demand zone and move down lower.
Im Not SEBI Registered.
This Is My Personal Analysis For My Personal Trading.
Im Sharing It Here On Behalf Of Experience.
Bank Nifty Analysis For 19th March 2024Bank Nifty has made a lot of Imbalance (46345 - 46981 ) to be filled on the down side. spend some time inside the Demand zone marked and then slowly move up towards the high. But looking at the market conditions, it looks like it can break the Demand zone and move down lower.
This is my personal Analysis for my personal trading.
Im Not SEBI Registered.