Imdx_HKR

Imdx_HKR

This is the updated entry setup. Here we can take the long position by placing the minimum target of first green line. High probability trade setup. This is for educational purposes only.

Imdx_HKR

Sweep in QML structure and also a valid breakout confirmed. Now price will move upside. This is for educational purposes only.

Imdx_HKR

The overall trend is uptrend. Here we have two Order blocks (OB) in 1hr time frame. The price given Break of Structure (BOS) by creating a impulsive move. So we need to wait for the price to touch either decision OB or Extreme OB. Before taking entry, let's check the Change of Character (CHOCH) in 3 mins timeframe. This is for educational purposes only.

Imdx_HKR

The overall trend is uptrend. Here we have two Order blocks (OB) in 1hr time frame. The price given Break of Structure (BOS) by creating a impulsive move. So we need to wait for the price to touch either decision OB or Extreme OB. Before taking entry, let's check the Change of Character (CHOCH) in 3 mins timeframe. This is for educational purposes only.

Imdx_HKR

The price is rejected from the resistance zone. If the price is close above the resistance zone, we may exit the short position. This for the educational purposes only.

Imdx_HKR

Before breakout, High volume buildup. The price will reach all the target points in short term. This is for educational purposes only.

Imdx_HKR

The price close above the B point which is considered as the breakout in price action. As on Aug 26,2024, the Fundamentals of THE INDIAN HOTELS COMPANY look Strong and hence it may be good for long term investment! See Financial Performance of THE INDIAN HOTELS COMPANY . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate...

Imdx_HKR

This price is falling from the reversal zone and also you may see the reversal confirmation i.e bearish candle formed and closed below the reversal zone. This confirms that the price is ready for the further correction. If the weekly candle is closed above the reversal zone, we can alter this next pattern. This is for educational purposes only.

Imdx_HKR

Price closed above the neckline, we can see upside momentum in upcoming days. This is for educational purposes only.

Imdx_HKR

The price closed above the B point, here we can take the long position. This is for educational purposes only.

Imdx_HKR

High probability trade setup Clear breakout and price also closed above the previous swing. This indicates that the price will move up in forthcoming days. This is for educational purposes only.

Imdx_HKR

The price closed above B point. Here we will take long position and hold upto two to three days. This is for educational purposes only.

Imdx_HKR

Let's wait for the price break and close above red line. This is for educational purposes only.

Imdx_HKR

The price broken B point, it will touch the upper side resistance in one or two days. This is for educational purposes only.

Imdx_HKR

Price broken and close above the B point. We can expect up move in next few days. This is for educational purposes only.

Imdx_HKR

Once price touched and close below the red line, we can expect the fall. This is for educational purposes only.

Imdx_HKR

Let's wait for the B point breakout in 1 hour candle close. This is for educational purposes only.

Imdx_HKR

This analysis gives clear sign of upside movement in next two to three trading days. Our stop loss is one hour candle close below red zone area. This is for educational purposes only.